Author Topic: Hertz files for Chapter 11 bankruptcy protection.  (Read 1387 times)

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Offline KKOB

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Hertz files for Chapter 11 bankruptcy protection.
« 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



Offline KKOB

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Re: Hertz files for Chapter 11 bankruptcy protection.
« Reply #1 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




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