Can Hertz really back out of paying severance to people AFTER they have already signed the severance agreement? That sounds highly illegal and ripe for a lawsuit to me. I don't know much about bankruptcy proceedings, but if this can be done, then... — read more 

Why are they beginning to reopen HLE locations that were temporarily closed when people are trying to say part of the plan is to close them all down?

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

Feel bad for those laid off but Hertz is one screwed up company...few years back the illegally did things in Seattle, WA.

As a current Hertz employee, I've done and will continue to do what I can to save this organization that so many have built over the years. I don't do that for the senior execs. I do that so the people I lead will remain employed and be able to feed... — read more 

I have had enough! Why am I a delivery person for Party City? This is how my time is being spent? What a joke.

The peers and coworkers I have met and had the privilege to work with have been the greatest thing about the 18 years I have been at Hertz. As much as I separate my personal life and work I have had the opportunity to see their families grow as they... — read more 

Joe McPherson is now number 2 person at Hertz. He lied, cheated, his way to VP of SW region, and now Paul Stone rewards that with a promotion. This company does not even want to try and stay afloat. Everyone says business as usual. "We are not... — read more 

May 27 (Reuters) - Billionaire investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a "significant loss" days after it filed for bankruptcy protection. According to... — read more 

I am seeing too many post from people asking when will they take me back? THEY WILL NOT! The company is screwed. Every action they take leads to the conclusion thry will go chapter 7 and shut down! The actions are not of a company looking to... — read more 

Has anyone heard anything on when they are going to try and start reopening HLE locations that got temporarily closed?

Who else has holes in their uniform from these cheap and garbage uniforms?

Paul, Jamere, and Gutherie know that Hertz won't survive and they are on borrowed time so they wrote checks to themselves before the judge and creditors dictate how to desolve operations. Paul is clearly a broken soul and is going to pimp out the... — read more 

In the news today in OKC, Costco Wholesale purchases building from Hertz (known as the Quail Springs bldg). This is one of 2 building Hertz has in the OKC area, this was the admin bldg.

If you make the regular pay of a CSR or Return Rep. Do not sign your Package. Check with your States Unemployment pay first because it will effect it and you will be declined. Your compensation will be void because you make more than your State... — read more 

https://www.yahoo.com/news/hertz-awards-over-16-million-150103106.html

Does anyone know what is happening with the people that worked on the Dollar/Thrifty side of the Business? Are they going to close Dollar/Thrifty?

This just spells it all out for you! Reuters has reported that the day after filing for chapter 11 Hertz paid out $16M in retention bonuses for all director level and up. Paul raked on a cool $700K and Jamere $600K! Wake up people!

Hertz trading has been halted in the stock market and the NYSE is trying to delist the company completely from the market

Some people are theorizing that HTZ bankruptcy filing may be denied b/c they have enough cash on hand to pay its creditors. I don't know about these things, but some are guessing MAYBE this was done deliberately to scare people and drive the stock... — read more 

This is a must watch! #twitter https://twitter.com/therealoj32/status/1264374529012297729?s=12

I have been with Hertz 15 years and there is no bigger supporter than me! I will do and did do anything and everything to help this company thrive. I supported Kathy and the previous leadership in their vision and direction for the company. But even... — read more 

Does anyone know what is going to happen to the HLE locations that are “temporarily” closed currently? Do we think they are going to try to open back up? Permanently close? Thoughts?

Isn’t it hilarious how the International Vice President Sales (David Kerr, in case you were wondering) is posting ‘Business as usual’ messages on LinkedIn? He has no idea what ‘Business as usual‘ means. 90% down on sales, huge numbers in... — read more 

https://metro.co.uk/2020/05/23/what-chapter-11-bankruptcy-hertz-uk-goes-bankrupt-12747151/?ito=article.amp.share.top.email Of course we know that it isn’t, but a complete lack of activity by Leadership, Communications and Sales/Marketing combined... — read more 

The only good thing about Hertz, is their checks clear each week. Lower and upper management Don't know what is going on. Sad

Hertz is in more than a pickle. Hertz is in real trouble. What will Paul's strategy to move our debt ridden company forward? Look at the insurmountable problems he now faces: Declared Chapter 11 No end in sight for COVID-19 Let go... — read more 

Hertz Files For Bankruptcy After 16,000 Employees Were Let Go And CEO Made Over $9 Million After 100 years in business, Hertz filed for bankruptcy on Friday, proving to be yet another casualty during Covid-19... — read more 

Things are going to change fast! Sixt is going after Hertz AP spots. They have been gunning for a solid foot print at US airports. They have the cash and US regulators will not allow ABD Group and Taylor Brands to dominate the market. There must be a... — read more 

Now that Paul Stone got low balled into taking the CEO position of a failing company that has lost money every quarter the last 5 years, all the Senior leaders and AP GMs will be turning $2 dollar tricks for the creditors like a 50 year old meth head... — read more 

WIll they sell us? Will continue to work as Hertz with the current ‘so called’ leadership? How much are we linked to US now?

Does anyone on here still have a furlough date of June 12? It seems like most people on here are either still working or completely laid off

https://www.wsj.com/articles/hertz-preparing-bankruptcy-filing-as-soon-as-friday-night-sources-say-11590182538?mod=mhp It’s been updated with the filing

Hertz just announced that Paul will get a title change from CEO to Funeral Home Director. He will showcase the fine art of preparing the long time terminally ill Hertz patient's corpse when the lenders unplug the life support equipment and the... — read more 

Once Hertz files Chapter 11, will they be required to continue to pay severance for those employees that received a layoff in April 2020?

https://seekingalpha.com/news/3577292-hertzminus-12-on-report-preparing-bankruptcy-tonight

Look at Avis value climb under strong leadership despite headwinds from Covid! https://www.fool.com/investing/2020/05/21/upgrade-drives-avis-budget-group-12-higher.aspx

Stocks down to 1.75 after hours.

Was wondering if there was any news on today's extended deadline for Hertz to pay what it owed a month ago? Do you think they will file for bankrupcy this weekend, next week, not at all?

I’ve been working for Hertz for almost three decades and have seen this company slowly crash to where it now. The problem is upper management the; decision makers, these dinosaurs are only in it for themselves, they are never held accountable, it’s... — read more