Calis Beach and Fethiye Turkey Discussion Forum

General Topics => All things that have nothing to do with Turkey => Topic started by: KKOB on May 23, 2020, 12:04:20 PM

Title: Hertz files for Chapter 11 bankruptcy protection.
Post by: KKOB on May 23, 2020, 12:04:20 PM

Car rental company Hertz has filed for bankruptcy protection in the US after the pandemic saw its business plummet.

https://www.bbc.co.uk/news/business-52780841

Title: Re: Hertz files for Chapter 11 bankruptcy protection.
Post by: KKOB on May 27, 2020, 09:58:26 AM

Hertz paid out millions of dollars in bonuses to its executives just before its bankruptcy -- and a month after it started laying off thousands of employees.

https://edition.cnn.com/2020/05/26/investing/hertz-bankruptcy-executive-bonuses/index.html