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?
Poor management
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
15-point cleaning process
Has anyone looked at the cleaning process Hertz is bragging about? The only changes are that we disinfect the car when it returns (for our benefit, not the customer) and then after normal cleaning process we spray it one more time with disinfectant... — read more
Bankrupcy Recovery Action Plan
Here is the detailed plan for recovery... Payout Kathy massive golden parachute to resign-Check Promote 2nd in charge responsible for failure to new CEO-Check Take on the payroll of 2 CEOs-Check Have last few salaried managers act as minimum wage... — read more
ZVP just said BK was coming this weekend
Our ZVP just let the GM know that they're going to file for bankruptcy over the weekend. Have you guys heard the news from your leadership yet?
Memorial Day
There has been some positive signs with an increase of car reservations made for Memorial Day Weekend. Maybe this is the jump start we needed.
How did this happen?
We were once a great company that was a pleasure and honor to work for. How in the world did we manage to get from there to where we are now? When bankruptcy is a realistic possibility? Who is responsible for this? When did things really start to go... — read more
What happens when a Company files Ch. 11
Lots of answers to your questions from salary to severance, 401k, pension, etc.... https://www.thebalancecareers.com/what-to-do-when-your-company-files-chapter-11-bankruptcy-316247
BK in the works
https://www.wsj.com/articles/hertz-lenders-brace-for-losses-from-formerly-triple-a-bonds-11589992344
New Interim CHRO
What’s the take on Gutrie? Anyone dealt with him directly in the past?
severance
anyone else having problems finding hertz.yourcareertransition. info webpage,so i can sign my severance agreement
Here is some SCOOP
Those who chose furlough weeks ago were all told that Furlough has ended with Hertz this past Wednesday. Those who refused to come back will lose your State benefits. So you have to come back and fight the disgusting people on vacation from NY... — read more
Unemployment
Did hertz file claim on your behalf ( more ga employees) if so have gotten benefits?
Denver airport
Hertz Denver International Airport laid off all employees that was on furlough today.
May 22nd work schedule
Has anyone that is expected to go back to work on May 22nd heard back from management on what their schedule will be?
Europe safe vs US screwed?
https://nypost.com/2020/05/19/hertz-wants-to-keep-european-business-solvent-as-it-eyes-bankruptcy/
Europe safe vs US screwed?
https://nypost.com/2020/05/19/hertz-wants-to-keep-european-business-solvent-as-it-eyes-bankruptcy/
Conference calls - more layoffs?
What happened with those conference calls mentioned yesterday? Is more people getting laid off? If yes, did you get severance package?
Good Luck Mr. Stone
With this move it is clear that Hertz will be liquidated. Promoting Paul to this position is a cheap bonehead move if they want to remain a going concern. Paul has only ever been been a Senior Leader that never had to make any real strategic... — read more
Florida airport layoffs
Anyone at Miami, Tampa or Orlando get laid off today or know anything?
Kathy Supporters Here...
She is gone, at the helm during the 10k+ furlough, but still will still be counting her pennies in a consulting role. Is not this very strange? So much of confidence in her ability... Hertz Board here is as much culpable as her. Where is the... — read more
Kathys message
It is very clear that Kathy has been planning her departure for weeks. Which tells all of us still here that the trash she has been spewing the last few weeks were all lies. This tells you the person she is. The webinars and meetings these past few... — read more
May 18 (Reuters) - U.S. car rental company Hertz Global Holdings Inc on Monday appointed Paul Stone as its chief executive officer. Stone was m
May 18 (Reuters) - U.S. car rental company Hertz Global Holdings Inc .
MARINELLI GONE!
Gone. She stepped down. Most likely forced out! New start to Hertz.
Paul Stone
Everyone’s hero! The NEW CEO! Hertz is saved! LOLLLL
Tomorrow Webex Meeting
Has anyone heard anything about employees being told to call in tomorrow for OKC res center. Was furloughed til june 12th received message to call in tomorrow for webex meeting. Really worried being that bankruptcy expected to be filed this week.
Hertz Atlanta
We are working so hard and no one is looking out for the employees that are still here. They say we should be thankful that we have a job!.. We cannot take a vacation day! But higher management can go on vacation whenever they feel like it.
Q1 Earnings Call
Kathy jumped off the earnings call real fast with no Q&A! Was not ready to face the firing squad. Tells you how much of a fraud and coward she is. Reading her prepared statement then bailing with Jackson..
Jobs for Delivery drivers
Just saw all the jobs listed on the website. It looks like HZ is reorienting in delivering goods with their vehicles... I thought that was to move the vehicles for repo but really it is a new strategy to utilize the fleet. Don't know what to think... — read more
Layoff & Furlough Tally To Date
Q1 Call Ttanscript ... 12K Laid off with another 4K currently under furlough .... fyi (start date to furloughs was more like March 20, not March 30 as recorded here). Full transcript... — read more
Automakers Will Feel The Hit
Hertz’s Cancels New Car Orders To Help Forego Bankruptcy: Automakers Will Feel The Hit By Dawn Geske 05/12/20 AT 3:01 PM ... — read more
Contracts with party city
Does anyone know what the contracts with party city are all about? Is hertz basically just shelling out employees as 3rd party delivery drivers now to make extra cash?
HERTZ cars repoed - fake news
It's been couple of days since this was reported on here, but there is not a word about this in the news. I am sure media would be all over this. So, unless you can tell us locations where from which cars are repoed, we have to think people are... — read more
It’s time to move on.
We get it, you hate Hertz. But maybe instead of acting like you’re over your crazy ex you actually get over it? It s—s what happened to us and I feel terrible for everyone involved, but no one could’ve anticipated the events that got us to this... — read more
Hertz Cancels New Car Orders
Just reported by IBTimes: "Hertz Global Holdings (HTZ) continues to show signs that a possible bankruptcy filing Is coming as the company looks to preserve liquidity and has reportedly canceled 90% of its new car purchases for 2020. The decision to... — read more
They are just using coronavirus as an excuse!
Unless they are planning to liquidate, there is no reason to lay off 24K people. This is just their way of trying to maximize profits with as few people as possible when things return to normal. The whole coronavirus thing is nothing other than an... — read more
Calling Employees Back
Long huddle this morning at my location. We are being offered OT next week to help move cars. They also are calling back 3 mechanics. Things are starting to be getting back to normal.
12,000 out of 16,000 furloughed employees being moved to permanent job cuts
There was just an article the other day from market watch with a quote from Kathy saying since there is no end in sight for the decline of business, out of the 16,000 that were furloughed on March 30th, 12,000 of them are getting a permanent job cut... — read more
Used Car Market to Tank
Think about it. It looks like we have started with the repo process, some sales too. We have half million cars on our lots, if we go under all of that will flood the market and the used car sales market will drop like a stone. Also, it's not just... — read more