Topics regarding layoffs at Hertz

Topics regarding layoffs at Hertz

Make Hertz Profitable Again

Keys to a turnaround, Sell Donlen ASAP Sell DTAG ASAP- get what we can!!! 3 Close all but the top 60 AP locations. Close most HLE locations Exit TNC business Fire most AP Directors, and force GMs in Top 30 to take 25% pay cuts... — read more 

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| 1520 views | | 7 replies (last September 17, 2020)
Post ID: @OP+16YOykrw

Trimming the fat

We can all attest that there are those who deserve to be ‘cut’ because they bring no real value to the company other than trying to look busy when in reality nothing gets accomplished. From GMs, to Directors, to RVPs we need to make a few of those... — read more 

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| 1273 views | | 2 replies (last September 16, 2020)
Post ID: @OP+16X8zJSg

Tuesday wait list

With the directive to push utilization as high as possible how's it going in the field today?

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| 840 views | | 1 reply (September 15, 2020)
Post ID: @OP+16XSmysY

Sing it with me

“If our business does not recover quickly and we are unable to successfully restructure our substantial indebtedness, obtain further waivers or forbearance or raise additional capital, there is substantial doubt that we will be able to continue as a... — read more 

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| 1300 views | | 2 replies (last September 15, 2020)
Post ID: @OP+16WSsnbQ

New CEO will turn Hertz around

Paul is doing the right things to get Hertz back on track. Hertz will be a very strong company by 2022.

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| 2140 views | | 20 replies (last September 16, 2020)
Post ID: @OP+16WCfjtx

COVID $10K and $7K bonuses for AP Operations

Senior Leaders to announce COVID $10K Director bonus and $7K FPM, MM, and LM bonuses for those that stay through June 30th 2021. Just hold tight people. There is good coming amid all ths uncertainty.

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| 2090 views | | 21 replies (last September 18, 2020)
Post ID: @OP+16UW7p00

Bob rides off into the sunset with his Porsche

1800 service units still.... corvettes, Porsche, Mercedes, Escalades, all for low level corporate employees for free. That’s where your money is going guys. Who wants to see the list????

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| 2180 views | | 9 replies (last September 20, 2020)
Post ID: @OP+16NYAcBS

Corporate Sales

I heard once State Farm goes co-primary they are going to get rid of the corporate sales team and all the LAEs. CR they are coming for you. Better watch your back.

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| 1280 views | | 2 replies (last September 7, 2020)
Post ID: @OP+16NbdiWH

Donlen potentially sale

https://www.bloomberg.com/news/articles/2020-09-01/hertz-is-said-to-weigh-donlen-leasing-business-sale-to-pay-debt

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| 1280 views | | 2 replies (last September 3, 2020)
Post ID: @OP+16KlL653

Another $5.4 million in executive bonuses

Wow! Can't believe the balls on these guys... No wonder CFO quit! https://www.bloomberg.com/news/articles/2020-08-28/hertz-seeks-5-4-million-in-executive-bonuses-during-bankruptcy-keet26zl

Hertz out money

https://www.marketwatch.com/story/hertz-seeks-up-to-15-billion-in-bankruptcy-loan-2020-08-27

Take what you can

Hertz will be dead soon, upper management is milking the company to dead, protect yourself because at the end the front-line employees will get screwed.

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| 1300 views | | 4 replies (last August 28, 2020)
Post ID: @OP+16EoHPxT

Time to cut the RVP's

So much about the elimination of GMs and director roles when will we start seeing the RVP's go away? They are the most useless group out there. They have no one to lead since they cut all their direct reports., In the west central our VP is pretty... — read more 

Q2 results

$847 million net loss on $832 million revenue. These numbers are just mind boggling and can explain why both Carl Icahn and the CFO got out.. hard to dig out of a hole this big

Mark fizzora busted

https://news3lv.com/news/local/former-caesars-ceo-charged-with-accounting-misconduct-during-hertz-tenure

CFO leaving

And another one is leaving the sinking boat...chapter 7 is coming.

Lay-offs Today

According to the Warn notice in OKC today will be another round of layoffs. This usually means the folks in Florida and beyond will experience layoffs. I guess I will just wait around for my name to be called. We are all like sitting ducks... — read more 

Another dumb decision

So Enterprise was purchasing most of the cars we were supposed to sell.. but I just heard they backed out last minute and screwed Hertz and left them with a bunch of cars. Not sure whose brilliant idea it was to trust a competitor to help bail us... — read more 

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| 1490 views | | 3 replies (last September 1, 2020)
Post ID: @OP+16kku7VD

Buisness as usual for senior management

So it looks like senior management is back tobusiness as usual. No transparent communication, do as I say not as I do and treat employees like trash. (Except when they visit then they bring out all the ballons) No staff, pressure to get your numbers... — read more 

Do you think Hertz will make it?

I read earlier that Hertz will have to sell 200,000 cars by the end of 2020. 1) Is this even possible? 2) What happens if they fall short 3) What will happen to DTG? A concerned employee...

OWED MOMEY?

Who got laid off months ago for good? If so, Hertz owes us money. After a few weeks of being laid off I contacted HR and the local whatever her position was and asked where my INCENTIVE pay was that earned when I worked? She came back and said she... — read more 

Severance pay

Hertz owes me 31K in severance pay.. Did anyone out there use the Website provided Or did you get a lawyer ??? I have not heard anything from the company ...and I was told I would be back to work July ..September at the latest But I dont see... — read more 

Any HQ or Estero employees...

What's the latest from the inside? Sounds like bankruptcy will come to an end once the company sells enough cars by end of year. What do you see on the inside? In the field morale is at absolute zero and everyone is looking for exit strategy

HLE a MESS

HLE is a mess and leadership has been terrible. VPs must think they’re on vacation because I haven’t seen them put in the work to help anyone do anything. Must be nice to hang out at home for the past 4 months. Things are starting to crumble. West is... — read more 

Interview at Hertz

Have an interview coming up with Hertz for a management position. What's life and morale like on the ground level? Is there a chance that they will make it through this at least at the airport level? Do management level employees still get company... — read more 

Hertz Corporate Accounts

I know that corporate customers cannot use the bankruptcy to break their contracts, but once they’re up for renewal, that could all change. They will definitely have the upper hand when that time comes. Has anyone heard of any corporate departures or... — read more 

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