The Source for Multinational Fleet Professionals
The preliminary layoffs were confined customer support and recruiting teams. The most recent layoffs will affect employees across all divisions.
Volunteers at a Ford factory wear wristbands that vibrate when they come within six feet of each other. Other social-distancing protocols are planned.
While employees are furloughed they will still have access to healthcare, and will be eligible for unemployment benefits.
In addition to employee furloughs, CEO Kathryn Marinello is relinquishing 100% of her base salary. Hertz is temporarily closing some 600 locations in Europe.
Hertz and Avis Budget Group have begun cost-cutting measures as travel demand drops dramatically following the coronavirus pandemic.
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