A hige wieght liifted! After a few months of looking I have accepted a new job! Adios Hertz! Had a good run 13 years but I cannot take it anymore!! I no longer have to listen to my id–t ZVP! No more BS! Got a great increase in pay and a company that... — read more
Going to zero bucks real soon!
Another record day on Wall Street today. COVID-19 relief checks going out this weekend. Unemployment stabilized, and most likely that some travel comes back by the end of the summer. But Paul's HTZGQ closed at 81 cents a share and is headed to... — read more
Re-applying for my job
I worked all year long, I was denied vacations, I was the only operations manager for the whole year, and now every manager has to reapply for our job. Really! And the positions are open for everyone! Told to apply to multiple positions to stay with... — read more
The leadership and culture are reflection of us
the leadership and culture are reflection of us. we deserve everything that is happening to us and shame on you if you end up with just a wet handshake when it all collapses. not covid, not cants like brian, but shame on you. doesn’t matter what your... — read more
Optimal number of employees?
I hate this job and I’m only here because I can’t find an alternative. I’m totally burned out because I’m doing work for multiple people. I don’t know how they even think of continuing the business with so few people. Not sure what the optimal number... — read more
Webcast
Headlines: be a yellow, kind brick JD Power finally has us where we belong Kenny from the block got excited and commended 1000+ RPU achievement. Unfortunately, he was reading 2019 result on a related topic, understatement of the webcast... — read more
10 Years ago it was the employees at Dollar and Thrifty Rental Car (DTG)
Hertz bought DTG for $85 a share in October 2012! It caused Hertz to borrow $2 billion to complete the deal. The hedge funds, venture funds and DTG officers all made out very well. The CEO got his $25 million payout with all corporate officers... — read more
I would like to return only for one day...
It was very difficult for me to find a new job after the layoff, but I still managed. I started broadening my skillset in advance because the collapse of this company was hinted already a few years ago. Unfortunately, everything led to that. I am... — read more
Knighthead, Certares: how do you see Hertz future?
If the $4.2 billion offer from Knighthead and Certares to acquire Hertz is approved, how do you think it will impact the company? more layoffs? dismantled? growth? ...
Results Release
long 10k filed friday. can someone with more brain and expertise please explain what is our “material weakness in financial controls?” around page 1105 of the pdf document. have the auditors concluded we are cheating on the numbers reporting? my... — read more
ZGM Northpac
ZGM of Northpac is terrible! Haven’t they learned their lesson of being the worst area? They fired him once and then they decide the second time should be better? Stay in the garbage can Northpac.
Hertz bankruptcy judge approves up to $12 million in executive bonuses
Reuters - Hertz has secured bankruptcy court approval of its 2021 incentive plan, which offers executives up to $12 million in bonuses if they meet certain financial goals and bankruptcy-related deadlines. S. Bankruptcy Judge Mary Walrath in... — read more
The ZVP for the Southwest
The ZVP for the Southwest has a long history of promoting unqualified people within their inner circle so no surpise here. Incompetent people elevate other incompetent people so they look good .
The end is near
How can Hertz keep running with the poor choices it’s making. I just want the end to come. Watching my employees suffer is too much
Surprised it’s not worse?
I have been in this company long enough to have seen and experienced everything. Because of the way this company is managed, I am surprised that the situation in this company is not even worse than it is now. I find it interesting how they try to... — read more
Company getting bought out?
Lots of talk amongst SMT about company possibly getting bought out. What will that mean or look like? Who would wanna buy a company so deep in debt?
Are layoffs happening on weekly basis?
Nearly every week I hear about more people being cut. It's not huge numbers and it's always different departments but it's there. Is this the leadership's new way of doing layoffs? Do it constantly but keep the numbers low enough so that it flies... — read more
Hertz keeps stooping lower and lower
As if we are not stressing enough already with everything that's been going on, now it seems the managers have decided to take advantage of the situation and start using fear as the only management tool. Now we have to go through constant threats and... — read more
I'll take a severance
I'd be out of here so fast if I could find a way to get my name on the layoffs list. But I'm not leaving without a severance. Any way I can guarantee I get it?
January 2021 Hertz Seeks $12M New Round Of Exec Bonuses In Ch. 11
Hertz Seeks $12M New Round Of Exec Bonuses In Ch. 11 In a filing Tuesday, the car rental company asked for permission to give performance bonuses to 50 of its top executives
VP Merry Go Round
Here we go again the shuffling of the senior managers. Estero picking their favorites to re-assign into new titles. Interesting to see where everyone lands.
Go east
It means something but I can't figure it out. Why does hertz have one way rates from the west coast for $10 a day to east. Eh SFO to Orlando.
See only "ACTIVE" threads on this forum
See only active posts on this board (big blue button)!!!! For new folks here, there is an "ACTIVE" button right above the first thread - you can use it to see what posts had recent replies.
Furlough
Furlough is the only option, we have about 25 days of cash left BT said not looking good, yes we have a potential funding option but to buy cars and now rental numbers are almost wiped out again, perhaps AB will just use the funding to pay for the... — read more
The end is getting closer
Hertz is car rental not car sales. Car sales coming back is not a good sign. The need to move more cars to sell and thisis a huge red flag. They are trying to delete as many cars before the final steps of the bankrupcy occurs and the courts take... — read more
No more for me
I’m so glad to be leaving. Just ticking the days away and not looking back. As the saying goes “if you don’t have anything good to say - don’t say anything at all” - and I'm going to leave it at that when it comes to this company. I just want to... — read more
Car Sales
I guess the company isn't doing to bad, car sales is reopening.
Does anyone miss this place?
I’ve been gone for a few months and sometimes I miss it. Then I remember how horrible leadership was, how they ran the company into the ground - and I thank my lucky stars I’m not there. My experience with Hertz has been good when it comes to my... — read more
22 years
my dad was laid off after 22 years. his boss did not even call him. so much for loyalty.
Not waiting to return from furlough
There comes a time when you have to do what’s best for you and your family. I took the time while on furlough to look for something better because there’s only so much one can wait when you have mouths to feed and your savings is being depleted. So I... — read more
Happy holidays!
How's holiday demand in your market? These holidays are where Hertz makes it's money in the winter. Demand in california is non existent. How is it in other states?
Brexit?
I wonder what happens to HEL now that we are almost certain about the Brexit no-deal. Will they shut down the office and move to somewhere else? Is it worth to keep an European head office in a ‘no-more-European-Country’?
Sales purge
Many key Sales executives have been laid off. Bob is gone. Do you think the new organization makes any sense?
Touching base
I left right before the pandemic because I had a better opportunity. Most of the people I am close to have also moved on and I was wondering how things were going? Is it still as bad as I remember it or have things gotten worse? Is leadership still... — read more
If u were laid off u were the lucky ones!
Burning it down at the expense of the customer and frontline employees. Morale is low..RM booking to 95% all day with no care. Senior leaders sitting around having their c—tails not working while locations burn.
How's the CEO doing???
Just curious on how the C-suite is doing these days. I'm sure there is plenty of pressure with Apollo there now but they will get a fat bonus in early 2021 plus another check once they are bought out. So I guess they need to keep their heads down... — read more
Bye Bye Donlen
Not really a shocker as there was much speculation this was going to happen. Dollar and/or Thrifty next?
Stockholm Syndrome
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
Hertz Global Layoffs 2021
This thread is for info about potential Hertz Global Layoffs 2021? Any news or rumors?
Two years with this place
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