Topics regarding layoffs at Hertz

Topics regarding layoffs at Hertz

Hertz to sell $1Biilion in worthless stock

This pathetic and morally bankrupt company always finds a way to dig the whole deeper. It's being reported that Hertz will sell 250 million shares of it's worthless stock to retail amatuer speculators to raise some more cash. Everything I have read... — read more 

Made it another week

A few people called back which is nice we now have other to talk to other than our stupid GM. Its a paycheck for now.

Call Backs....

Has anyone been called back in the Southeast part of the region for Dollar? I'm in the Southeast & no phone call yet

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Post ID: @OP+15qOBqpo

former employees receiving debtor letters

did anyone else who was employed by hertz receive a letter about possibly being a debter for hertz? spoke to 3 other former employees who all got it todAy? spoke about a conference call on july 1st... what the hell does this mean do they owe us money... — read more 

June 12

Has anyone been confirmed to return to work for jun 12th

Jodi

Anybody happy for Allen’s leave? Who’s next now

Caveat Emptor

Latest fro NASDAQ this morning: Hertz stock soared 84% higher during Thursday's (5 June) trading session. Its stock price has more than quadrupled from its opening price Wednesday, and many investors are contemplating pouring money into the... — read more 

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Post ID: @OP+15jcbVNB

Things have been the same for decades

The "Be happy you have a job" attitude was around when I first went to work for the company over 25 years ago. It never changed during my tenure. I finally left when it was clear they were not interested in doing anything about a rapidly declining... — read more 

Furloughed going to be laid off

The rest of the hertz employees that are on furlough, will be laid of on the 12th. Or before, say good bye to that severance

Severance still going??

Has only been paid more than the bankruptcy limit $13,650 and still got paid today?? I dumped that money out of my account quicker than those cars burned in Ft Myers....

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| 891 views | | 1 reply (June 7, 2020)
Post ID: @OP+15iPtdHt

Got a call from hertz in San diego

I was a mechanic and they called to see if I was interested in a pilot program with fed ex , doing deliveries in a hertz truck. I would still be a hertz employee. Opinions?

No support

Support of any kind for those of us still here is pretty much non existent. The attitude of management is be happy you have a job and if you don't like it leave there are plenty of people who can fill your spot. Just when you thought things could not... — read more 

Is this even legal?

Can Hertz really back out of paying severance to people AFTER they have already signed the severance agreement? That sounds highly illegal and ripe for a lawsuit to me. I don't know much about bankruptcy proceedings, but if this can be done, then... — read more 

Locations reopening

Why are they beginning to reopen HLE locations that were temporarily closed when people are trying to say part of the plan is to close them all down?

Restructure

Does anyone know when they are going to release some sort of restructuring plan?

Hertz has always

Feel bad for those laid off but Hertz is one screwed up company...few years back the illegally did things in Seattle, WA.

keep fighting

As a current Hertz employee, I've done and will continue to do what I can to save this organization that so many have built over the years. I don't do that for the senior execs. I do that so the people I lead will remain employed and be able to feed... — read more 

Enough id enough...,..

I have had enough! Why am I a delivery person for Party City? This is how my time is being spent? What a joke.

Be prepared for the worst

The peers and coworkers I have met and had the privilege to work with have been the greatest thing about the 18 years I have been at Hertz. As much as I separate my personal life and work I have had the opportunity to see their families grow as they... — read more 

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Post ID: @OP+15c6J356

Let me get this straight

Joe McPherson is now number 2 person at Hertz. He lied, cheated, his way to VP of SW region, and now Paul Stone rewards that with a promotion. This company does not even want to try and stay afloat. Everyone says business as usual. "We are not... — read more 

Icahn Bails!

May 27 (Reuters) - Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a "significant loss" days after it filed for bankruptcy protection. According to... — read more 

Walk away now!

I am seeing too many post from people asking when will they take me back? THEY WILL NOT! The company is screwed. Every action they take leads to the conclusion thry will go chapter 7 and shut down! The actions are not of a company looking to... — read more 

Reopening HLE locations

Has anyone heard anything on when they are going to try and start reopening HLE locations that got temporarily closed?

Paul knows the company will collapse

Paul, Jamere, and Gutherie know that Hertz won't survive and they are on borrowed time so they wrote checks to themselves before the judge and creditors dictate how to desolve operations. Paul is clearly a broken soul and is going to pimp out the... — read more 

Hertz building in OKC sold!!!!!!

In the news today in OKC, Costco Wholesale purchases building from Hertz (known as the Quail Springs bldg). This is one of 2 building Hertz has in the OKC area, this was the admin bldg.

DO NOT SIGN SEVERANCE PAY

If you make the regular pay of a CSR or Return Rep. Do not sign your Package. Check with your States Unemployment pay first because it will effect it and you will be declined. Your compensation will be void because you make more than your State... — read more 

Dollar/Thrifty?

Does anyone know what is happening with the people that worked on the Dollar/Thrifty side of the Business? Are they going to close Dollar/Thrifty?

Executive Bonuses paid out the day after filing CH 11!

This just spells it all out for you! Reuters has reported that the day after filing for chapter 11 Hertz paid out $16M in retention bonuses for all director level and up. Paul raked on a cool $700K and Jamere $600K! Wake up people!

NYSE trying to delist hertz

Hertz trading has been halted in the stock market and the NYSE is trying to delist the company completely from the market

Bankruptcy Fraud - Speculation

Some people are theorizing that HTZ bankruptcy filing may be denied b/c they have enough cash on hand to pay its creditors. I don't know about these things, but some are guessing MAYBE this was done deliberately to scare people and drive the stock... — read more 

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Post ID: @OP+159eR5wR

Reality needs to sink in.

I have been with Hertz 15 years and there is no bigger supporter than me! I will do and did do anything and everything to help this company thrive. I supported Kathy and the previous leadership in their vision and direction for the company. But even... — read more 

HLE Locations

Does anyone know what is going to happen to the HLE locations that are “temporarily” closed currently? Do we think they are going to try to open back up? Permanently close? Thoughts?

‘Business as usual’ joke

Isn’t it hilarious how the International Vice President Sales (David Kerr, in case you were wondering) is posting ‘Business as usual’ messages on LinkedIn? He has no idea what ‘Business as usual‘ means. 90% down on sales, huge numbers in... — read more 

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