Topics regarding layoffs at Hertz

Topics regarding layoffs at Hertz

Hertz signing a deal to get $1.78B in loans

Expect a phone call or email in the next couple of days. Hertz MB be signing a $1.78 Billion dollar loan and aid package to continue operations with lenders and the Fed. Stipulation will be that they bring back 7,000 jobs to get the bailout! More to... — read more 

Before you sign your severance agreement....

I see a lot of comments about severance pay and use of car for 90 days. Before you sign the package know you are also waiving all your rights to any future litigation! You are agreeing you will not sue or take part in any lawsuit against Hertz. ... — read more 

Fleet Car After Severance

I was let go as a Function Manager after 6 years and I am devasted. Loved my job and my team, but I think I can move on with my life. Got about 6 weeks pay and get to keep a high mileage mid class until July 15th S part of my severance. I am in a... — read more 

Severance

So messed up! I received a Severance package on the 14th and another package on the 19th. The package received on the 19th was $3798.00 less than the package I received on the 14th. I'm pondering who would be the best one to call to discuss the... — read more 

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| 1250 views | | 6 replies (last April 23, 2020)
Post ID: @OP+14AU2Ivz

Top Ten List of Funny Things at Hertz

Drum roll for the funny stuff at Hertz: OJ is still the face of the company. The Six Sigma garbage Pick pocketing customers at the counter, and then grading this aptitude through NPS scores. Ordering millions of $$$ of... — read more 

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| 2390 views | | 9 replies (last April 25, 2020)
Post ID: @OP+14AA9vVA

Yahoo Finance Article

Confirming 10,000 US employees laid off. https://finance.yahoo.com/amphtml/news/u-car-rental-company-hertz-211359378.html

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| 465 views | | no replies yet
Post ID: @OP+14zjoIAN

Farewell my colleagues in Denver

Despite the extremely poor leadership we always found a way to have fun! The front line staff truly wanted to help the customers and operations managers always supported and helped when needed. Our ZVP will not be missed! The worst leader ever! Will... — read more 

Laid Off? Find a new job.

I actually liked my job with the company but can honestly still say Hertz is by far one of the worst companies to work for. I just got complacent and didn't move on when I should have. At least now I can look for a company that isn't rated as one of... — read more 

Disappointed...

I left a really good company who is still taking care of their employees during this pandemic to come work for Hertz. I can honestly say that was the biggest mistake of my entire life. If I am washing toilets with my personal toothbrush daily, I... — read more 

FactCheck Compensation

http://ir.hertz.com/sec-filings Find entry "DEF 14A Official notification to shareholders of matters to be brought to a vote ("Proxy")" dated March 27. Open PDF document, go to page 65 of the PDF (p.59 of the Proxy) and read bottom two... — read more 

Cash Wasted!

Paul S. should really start reviewing the GM/DIR expense accounts. How much $$$ was wasted on booze at "meetings"– you think Seth's (ATL) expense account was bad?? Check out your other AP GM's- Top Shelf booze, str—ers, and the... — read more 

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| 1380 views | | 6 replies (last April 22, 2020)
Post ID: @OP+14xiozuK

Executive Compensation

Ouch....Could have saved alot of jobs Mainello-$2.9M Jackson- $1.63M Allen- $744K Kuppusamy- $748K Stone -$958K

For the lucky ones left

What are the odds the ones left will keep their jobs? I am a furloughed FM. Got furloughed the day everyone got laid off. Praying for a miracle.

Hertz is the wertz

Hertz was screwing customers by not waiving cancellation fees on prepaid rentals week before the sh– hit the fan. They fired people and then days later laid off entire departments. They're onion-eyed miscreants.

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| 513 views | | no replies yet
Post ID: @OP+14xLPZZm

It's already happening

I was told today by Hertz I'm no longer furloughed I am now considered laid off benefits will stop on May 15 3020. I was worried this would happen and I was right. I just didn't expect it to happen so soon. People are already seeing their status... — read more 

Bankruptcy

https://www.winknews.com/2020/04/16/reports-estero-based-hertz-could-face-bankruptcy " if forced into bankruptcy, the company would reorganize... " Seems the reorganization already started with the 11k (and possibly counting) layoffs... — read more 

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| 744 views | | no replies yet
Post ID: @OP+14wrkpjU

Insiders see the end is near

Information from a very high level exec says they see then end coming soon. The $1B in liquidity will not be enough for the creditors come June. Even if they did have the cash flow the execs are not up for the work it will take to build the brand... — read more 

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| 1810 views | | 5 replies (last April 24, 2020)
Post ID: @OP+14vtOwz7

Pr-scrip-ions

Anyone else starting to have issues filling their pr-scrip-ions?

BANKRUPTCY Looms

https://nypost.com/2020/04/15/car-rental-firm-hertz-seeks-coronavirus-bailout/amp/ "Hertz Global Holdings, faces a $1 billion-to-$1.5 billion budget shortfall in the coming months ... But the publicly traded car-rental chain only has $1 billion... — read more 

Check This Out -

https://nypost.com/2020/04/15/car-rental-firm-hertz-seeks-coronavirus-bailout/

Sh-- rises to the top

All that is left at this worthless company are the a– kissers, bottom feeders and the corrupt. As far as I can tell they deserve each other and will devour Each other before this is over. PS do not blame Corvid-19 for your layoff, blame poor... — read more 

To those who got the pink slip at Hertz...

Your darkest days are behind you after leaving Hertz. Though it may appear as a temporary setback, you will realize later that you were fortunate enough to leave a sunken ship. All the best to you and your family.

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| 520 views | | no replies yet
Post ID: @OP+14uRB6GW

Executive Cars

How many millions the management team spent on them? Any accountability? Fire the management team, before they take millions with a golden parachute.

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| 580 views | | 1 reply (April 16, 2020)
Post ID: @OP+14ucdy1q

Best wishes to all those impacted

3 months from now you will all see that this was the best thing that happened for your career. Stay strong and make connections with those employees who have alread moved on. They can be a great resource for you. Things will get better as dark as it... — read more 

Repossess Executive Cars

Maybe if the company didn't give so many people Infinity's, Jaguars, etc. to drive for free they could have kept employees a little longer. Such a waste of resources.

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| 1110 views | | 9 replies (last April 17, 2020)
Post ID: @OP+14uEqW00

Severed Employees

I am a former employee and left after several years for a better opportunity. I feel bad for anyone losing their job. Based on the grammar in some of these posts I think they made some good decisions on who was severed. My job s—ed because there... — read more 

Laid off due to covid19

Why is it only non-union employees get a severance!! All employees union and non union deserve severance. How disappointing

11,000 Loyal Employees Gone

Management could have cut the same deal as the airlines to protect employee jobs. They chose not to do that. They're going to try and get through on loans. That way they can "remake" the company. How many 10, 20, 30 year employees were fired... — read more 

For those who still have job at Hertz..

Give your best, as many with recent layoff did, but look for alternatives before they remove you so it does not appear to you out of the blue. Telling from experience...

What is the severance?

I'm not among those furloughed or laid off yet, but that doesn't mean I will not be in the next few weeks. I wasn't that worried about the possibility when we were talking strictly about furloughs, but now that layoffs are also in play my stress... — read more 

Final Nail on Hertz Coffin

Called Karma. This shows how efficiently that company was managed that hey did not survive liquidity crisis only for a month. CEO foregoing base salary is mere advertisement. Better find another employer than sticking to the dead Hertz. Final nail... — read more 

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| 1480 views | | 7 replies (last April 16, 2020)
Post ID: @OP+14uUKm0w

Bad management practice and favoritism

Amazing when you look at who survived the layoffs and furloughs! They selected few favorites who still have jobs. The good ones were let go. Put the management in jail for mismanaging the liquidity, so they did not survive the crisis for a month.

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| 430 views | | no replies yet
Post ID: @OP+14ulINXM

Sad Day

~6,200 people no longer work for the company as of today. It is surreal! Unfortunately, the company has to take action otherwise they'll go belly up. At this point I'm not even sure how they will recover, let alone fully. This senior management team... — read more 

Cash issues?

is hertz having problems with its cash and liquidity?

Lay-off and furloughs show management favoritism

Wow amazing when you look at who survived the layoffs and furloughs! In California you knew who the selected few favorites were and no surprise they all still have jobs. Troubled waters ahead as you now have incompetent leaders with incompetent... — read more 

Why permanently layoff

First want say sorry to folks that got permanent laid off Second I don't get the purpose of going from temp to permanent. Once this dies down your going to have to have staff.

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