Not really a shocker as there was much speculation this was going to happen. Dollar and/or Thrifty next?
Topics regarding layoffs at Hertz
Does anyone think those still loyal to the company have it? I mean it would make sense considering how badly we’ve all been treated, especially frontline workers. How else would you explain such devotion? It can’t be for the pay, everyone knows it’s... — read more
This thread is for info about potential Hertz Global Layoffs 2021? Any news or rumors?
Today makes exactly two years since I've joined Hertz. I can tell you right now that I regretted joining within the first six months, but by now I feel it was probably one of the biggest mistakes in my life. I thought I was leaving my old job for a... — read more
So, what do we think?
Whoever is still employed and singing the company’s praise has got to be in denial. EVERYONE and I mean EVERYONE knows the company is a dumpster fire waiting to be put out. There are two ways this is going to end for those who still remain. You will... — read more
Country shuts down. Bankrupt. Business down 75%. Lost State Farm. Denied stock sales and bonuses from the courts. Oversold fleet. Closed all car sales permanently. Delisted. Business still down 50%. AND HERE COMES ANOTHER SHUT DOWN. (and liquidation... — read more
Screw $500. I don't get all those employees who are cheering that they got a bonus. It would have been better to get a freaking raise. How can anyone be satisfied with it? This is such a sad way to keep the masses happy with breadcrumbs while those... — read more
Bottom feeder (flex reps) are getting a $500.00 bonus guess that was part of the 8 billion.
Too much, obviously. Hertz Global Holdings Secures A $4 Billion Commitment For Fleet Financing To Support A Refreshed And Robust Vehicle... — read more
What is Jef Adamms doing in Europe?
I saw some speculation on this forum that the entire company will be shut down by the middle of next year. On the other hand, I have now checked - Hertz has 1,224 jobs open in the US alone. That doesn’t make much sense to me. I agree that we are... — read more
Hertz Global will be forever discussed in business classrooms from Community College to Harvard on how a terrible management culture can destroy an iconic brand. The Hertz cesspool of favoritism from HLE to AP operations and must we forget the filthy... — read more
Hope you weren't hanging on to any worthless stock. It finally hit the fan today
$4 billion to spruce up fleet, digging a deeper and deeper hole.
C’mon guys. Does anyone in the company REALLY believe our leaders need another bonus to fix the mess we are in? Isn’t that the reason they were hired? Instead they feel entitled to more and have done absolutely nothing in return to help save the... — read more
With covid surging again world wide and winter travel season in danger, will Hertz have to keep shrinking to survive? The $1.7 billion loan is helpful but again it's borrowed money. How much more can you borrow to survive through another wave of... — read more
There won't even be a swan song. This Titanic is ready to sink and there's no stopping it. If you're smart, you'll be gone before that happens.
Who is getting them?
I know people whose locations are closing will know by November 5 they are affected, but what about the rest of us? We know layoffs will be much wider - will it all be done on that date or will we have to wait longer to find out? I seriously doubt... — read more
You heard it here first... sorry guys.
Are they happening? Who'll be affected?
But we finally have 1 less Porsche!
The Apollo DIP loan is a joke. Apollo has Hertz nutz in a vise. Paul is so desperate!
More than 1.65BB dollars coming in. The champagne corks are popping in Estero and Big Bob is salivating as he makes his way to the trough.
How many managers do you have at your locations and how many rentals are you doing a day??
Hertz filled the leaderships ranks with people with no industry experience. None. Every Single top and mid level position, zero industry experience. And did this for the better part of last 7 years. And told us the way to run car rental was with... — read more
How in the heck did Hertz win again?
Anyone working at Estero with news for us? Restructure plan still in the works?
I left my previous job of 6 years to take what I thought was going to be a great airport management job with Hertz. I started about five weeks ago and I am bow really stressed. I didnt do my homework, and now learned about tbe bad state of finances... — read more
What is the proof of claim packet that we received in the mail last week, I tried calling and noone answers..
It's over people. HTZ to be delisted next week.
I worked in sales and just got the word today. Whole sales team must be next. I think we just lost a big account...
Let’s post our favorite revenue management hate stories. We know they are terrible and don’t actually do anything, but let’s share some laughs.
Think I’m lying? If we re-signed as primary, they would have sent out 529363629 public announcements. It’s way past due for an announcement. They are keeping it hush-hush while they liquidate. If they told you all, everyone would just give up... — read more
Hertz S—s, I know.
I joined the company back in 2012 right after it purchased dollar thrifty. Hertz was a name brand back then, respected throughout the industry. Now 8 years later, the company has gone through layoffs, bankruptcy, restructuring, etc. I just don’t know... — read more
Been with Hertz for 3 years and I love working here. I just bought a home, and I'm working hard to complete my MBA. I'm really worried about losing my job. What does everyone think Hertz will be like in 10 years?
Couple million to keep lousy leaders onboard in the grand scheme of things IS something. They broke it, no need to reward them in excess to what they already lined their packets with for retention bonuses paid. If they are not working for the best... — read more