U.S. car rental company Hertz to lay off 10,000 staff on coronavirus hit [Yahoo! Finance News]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: Yahoo! Finance News
The logo of the American car rental company Hertz is seen at the Nantes-Atlantique airport in Bouguenais near NantesReuters) - U.S. car rental company Hertz Global Holdings Inc said on Monday it plans to lay off 10,000 employees across its North America operations to cut costs amid the economic fallout of the COVID-19 pandemic.Hertz had about 38,000 employees as of Dec. 31, 2019, of which 29,000 were at its U.S. operations.The company, which counts billionaire investor Carl Icahn as its largest shareholder, will incur employee termination costs of about $30 million, it said in a regulatory filing. https://bit.ly/2XOWUEu)The terminations were effective April 14 for non-union employees and effective April 21 for union employees, the company said.Late last month, Hertz said it was implementing furlough programs across its North America operations to cope with slowing demand for its services. https://bit.ly/3cBCi6K)"Like the rest of the global travel sector, COVID-19's impact on Hertz ar
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HTZ
News
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- Hertz Global Holdings, Inc. (HTZ) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Hertz Results Hit by $1B Impairment Charge [Yahoo! Finance]Yahoo! Finance
HTZ
Earnings
- 11/12/24 - Miss
HTZ
Sec Filings
- 11/12/24 - Form 10-Q
- 11/8/24 - Form SC
- 11/5/24 - Form 4
- HTZ's page on the SEC website