With another high profile executive exit, it's clear that we need to go back to the judge and demonstrate the need to pay retention bonuses. The work ahead is hard and the road ahead is very uncertain. Is it now clear that some additional bonuses... — read more
Topics regarding layoffs at Hertz
When the guy at the top in charge of finance leaves the company on his own for another opportunity, he knows what’s coming. First Jamere, now his replacement. These are people with intimate knowledge of the bankruptcy proceedings. Heed this warning... — read more
Anyone from Estero with info on restructure plan? Everything has been too silent and VPs keep saying we're about to come out of bankruptcy soon.
Upvote for yes, downvote for no Comments are fine too.
Why do these top people think that they deserve a large bonus. The small people did not get raises before the pandemic they did get a bonus But they always think about their dumb a–.
Directors, Directors, Directors, Directors
That office will be a COVID cesspool within a week. Hillbilly Paul continues to make reckless and dangerous decisions that put the employees at risk. Look around, you jackass, Gartner is closed until 2022. No other company is returning to the office... — read more
Here in Phx, we suddenly moved to the Hertz counter and said it was temporary because our lines in all 3 brands were too long for the staff to handle each brand so now we are doing all 3 brands at the Hertz counter and the lines are worse, they took... — read more
Hertz leadership is key to its survival. The leaders need to pay close attention to the operating staff who are actually doing the work and servicing the customers. These folks need incentives to work harder for the company, otherwise it’s over... — read more
Bankruptcy judge declined it. Haha GFYS Paul!!
Around the country many are quitting without replacements to take over. How much longer can the ship stay afloat without anyone at the wheel?
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
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
With the directive to push utilization as high as possible how's it going in the field today?
“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
Paul is doing the right things to get Hertz back on track. Hertz will be a very strong company by 2022.
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.
For the past few weeks every Thurs to Sat, Phx has had up to 6 hr wait for cars due to overbooking and no cars, extremely short staffed, long lines and working 12 hr days and making no commission because of this. We were rehired back to make money... — read more
Do we know anything yet?
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????
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.
More to come
Paul's Retirement Plan
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
Hahahhha. You couldn't make this up. And this is on top of $16.2 Million they just took 90 days ago. And for rest of you, make sure you show up tomorrow (or on Monday) and keep k–ling your selves working hard, because your senior leaders will... — read more
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.
Anywhere else hit?
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
Hertz set to close 15 small (regional ap) locations by end of the month.
Have to cut a bunch of HLE GMs. RAC GM will run their markets no prob... sorry
Just eliminated a HLE GM position in the West. Airport GM will run HLE. Who’s next?
$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
And another one is leaving the sinking boat...chapter 7 is coming.
Even if the job came with lower pay?