Thread regarding Hertz layoffs

Layoffs

Does anyone know when the next round of layoffs are happening? It’s only a matter of time since we didn’t hit some financial goals

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Post ID: @OP+1nBEaUYV

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People are not happy with the July results. Expect the reactions to come soon.

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Post ID: @pbds+1nBEaUYV

Board of Directors wanted Hertz to fund the race team for one reason, the race team is owned by Knighthead or Zatoria ... Let's play with Hertz money to fund the race team...

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Post ID: @lmql+1nBEaUYV

If I had to guess - it will be August; the layoffs are in waves for a reason. This way, they can avoid WARN notices. Biggest costs are EV's and the race team and Hertz won't back away from either. They planted their flag on the EV initiative and the Board of Directors wanted Hertz to fund the race team.

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Post ID: @4ylu+1nBEaUYV

I hear Deloitte is coming to manage Procurement workload. Lay off the employees and pay $350/hour for contractors to come and do their job. This place is ridiculous.

CAO and Procurement leaders are clowns.

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Post ID: @3jmt+1nBEaUYV

Banking on TNC to help with revenue is a far-sight. The names are being collected for the next round !!

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Post ID: @3dob+1nBEaUYV

That explains why we havent gotten our raises yet which we were promised since March...Also thats why we havent had uniforms in yrs and now we can just wear anything black grey or white....hmm

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Post ID: @1cos+1nBEaUYV

And EV is the golden child so its not going away. Save yourself from a layoff and start looking NOW!

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Post ID: @1uwz+1nBEaUYV

Last year it was late August. The company is sustaining heavy loses in maintenance, damage, and everything related to EV charging costs.

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Post ID: @wiw+1nBEaUYV

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