Topics regarding layoffs at Hertz

Topics regarding layoffs at Hertz

Hertz UK Bankrupt

https://metro.co.uk/2020/05/23/what-chapter-11-bankruptcy-hertz-uk-goes-bankrupt-12747151/?ito=article.amp.share.top.email Of course we know that it isn’t, but a complete lack of activity by Leadership, Communications and Sales/Marketing combined... — read more 

What is the strategy going forward?

Hertz is in more than a pickle. Hertz is in real trouble. What will Paul's strategy to move our debt ridden company forward? Look at the insurmountable problems he now faces: Declared Chapter 11 No end in sight for COVID-19 Let go... — read more 

Forbes coverage

Hertz Files For Bankruptcy After 16,000 Employees Were Let Go And CEO Made Over $9 Million After 100 years in business, Hertz filed for bankruptcy on Friday, proving to be yet another casualty during Covid-19... — read more 

Take over time

Things are going to change fast! Sixt is going after Hertz AP spots. They have been gunning for a solid foot print at US airports. They have the cash and US regulators will not allow ABD Group and Taylor Brands to dominate the market. There must be a... — read more 

Hertz Leaders are now $2 crack hoes!

Now that Paul Stone got low balled into taking the CEO position of a failing company that has lost money every quarter the last 5 years, all the Senior leaders and AP GMs will be turning $2 dollar tricks for the creditors like a 50 year old meth head... — read more 

June 12 furlough date

Does anyone on here still have a furlough date of June 12? It seems like most people on here are either still working or completely laid off

Chapter 11 filed confirmed

https://www.wsj.com/articles/hertz-preparing-bankruptcy-filing-as-soon-as-friday-night-sources-say-11590182538?mod=mhp It’s been updated with the filing

Paul Stone's Title Just Changed

Hertz just announced that Paul will get a title change from CEO to Funeral Home Director. He will showcase the fine art of preparing the long time terminally ill Hertz patient's corpse when the lenders unplug the life support equipment and the... — read more 

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| 1401 views | | 4 replies (last May 23, 2020)
Post ID: @OP+1561Q4uR

Hertz Failure Not Realy Covid Related

Look at Avis value climb under strong leadership despite headwinds from Covid! https://www.fool.com/investing/2020/05/21/upgrade-drives-avis-budget-group-12-higher.aspx

Poor management

I’ve been working for Hertz for almost three decades and have seen this company slowly crash to where it now. The problem is upper management the; decision makers, these dinosaurs are only in it for themselves, they are never held accountable, it’s... — read more 

15-point cleaning process

Has anyone looked at the cleaning process Hertz is bragging about? The only changes are that we disinfect the car when it returns (for our benefit, not the customer) and then after normal cleaning process we spray it one more time with disinfectant... — read more 

Bankrupcy Recovery Action Plan

Here is the detailed plan for recovery... Payout Kathy massive golden parachute to resign-Check Promote 2nd in charge responsible for failure to new CEO-Check Take on the payroll of 2 CEOs-Check Have last few salaried managers act as minimum wage... — read more 

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Post ID: @OP+154612w4

Memorial Day

There has been some positive signs with an increase of car reservations made for Memorial Day Weekend. Maybe this is the jump start we needed.

How did this happen?

We were once a great company that was a pleasure and honor to work for. How in the world did we manage to get from there to where we are now? When bankruptcy is a realistic possibility? Who is responsible for this? When did things really start to go... — read more 

What happens when a Company files Ch. 11

Lots of answers to your questions from salary to severance, 401k, pension, etc.... https://www.thebalancecareers.com/what-to-do-when-your-company-files-chapter-11-bankruptcy-316247

BK in the works

https://www.wsj.com/articles/hertz-lenders-brace-for-losses-from-formerly-triple-a-bonds-11589992344

New Interim CHRO

What’s the take on Gutrie? Anyone dealt with him directly in the past?

severance

anyone else having problems finding hertz.yourcareertransition. info webpage,so i can sign my severance agreement

Here is some SCOOP

Those who chose furlough weeks ago were all told that Furlough has ended with Hertz this past Wednesday. Those who refused to come back will lose your State benefits. So you have to come back and fight the disgusting people on vacation from NY... — read more 

Unemployment

Did hertz file claim on your behalf ( more ga employees) if so have gotten benefits?

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Post ID: @OP+153Guhc2

Denver airport

Hertz Denver International Airport laid off all employees that was on furlough today.

May 22nd work schedule

Has anyone that is expected to go back to work on May 22nd heard back from management on what their schedule will be?

Europe safe vs US screwed?

https://nypost.com/2020/05/19/hertz-wants-to-keep-european-business-solvent-as-it-eyes-bankruptcy/

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| 350 views | | no replies yet
Post ID: @OP+152SsxOK

Europe safe vs US screwed?

https://nypost.com/2020/05/19/hertz-wants-to-keep-european-business-solvent-as-it-eyes-bankruptcy/

Conference calls - more layoffs?

What happened with those conference calls mentioned yesterday? Is more people getting laid off? If yes, did you get severance package?

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| 420 views | | no replies yet
Post ID: @OP+152L06cN

Good Luck Mr. Stone

With this move it is clear that Hertz will be liquidated. Promoting Paul to this position is a cheap bonehead move if they want to remain a going concern. Paul has only ever been been a Senior Leader that never had to make any real strategic... — read more 

Kathy Supporters Here...

She is gone, at the helm during the 10k+ furlough, but still will still be counting her pennies in a consulting role. Is not this very strange? So much of confidence in her ability... Hertz Board here is as much culpable as her. Where is the... — read more 

Kathys message

It is very clear that Kathy has been planning her departure for weeks. Which tells all of us still here that the trash she has been spewing the last few weeks were all lies. This tells you the person she is. The webinars and meetings these past few... — read more 

MARINELLI GONE!

Gone. She stepped down. Most likely forced out! New start to Hertz.

Paul Stone

Everyone’s hero! The NEW CEO! Hertz is saved! LOLLLL

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