Thread regarding Hertz layoffs

Restructure

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

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Post ID: @OP+15f6ju3D

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Most companies have their restructuring plan in place before filing. Paul and Guthrie Fail.

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Post ID: @8ktk+15f6ju3D

My location director said we should just take it one month at a time. If we get bought out he knows he is out of a job.

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Post ID: @3dja+15f6ju3D

Restructure = look for a job elsewhere and let these id–ts manage this great company with their 16 millions of bonus.
340 greedy sheet faces is all this company deserves to operate.
All the others need to go elsewhere...it won't be worse... that's a given.

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Post ID: @1jmb+15f6ju3D

Hertz has 6 months from filing bankruptcy to submit the restructuring plan. Most companies submit this at the time of filing but Hertz still needs to come up with a business plan that will be profitable. It has to be or the creditors will sell the cars to make back some of their losses. I bet most of us on furlough are going to be let go on the 12th

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Post ID: @fmi+15f6ju3D

Hahaha, Project One. Funny, as if any version will ever work.

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Post ID: @umw+15f6ju3D

I am sure the team is working hard on it as they do for all he major initiatives.

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Post ID: @ziy+15f6ju3D

I hear it will be just after Project ONE goes live.

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Post ID: @jwz+15f6ju3D

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