Hertz cutting 4,000 jobs

Posted on Monday, 19 January 2009 , 10:01:39 byEmil

Filed under hertzcutdownjobindustrynewsrentalNone

Hertz cutting 4,000 jobs

It is not only new auto sales tanking now: having businesses and buyers cutting the traveling, car rental taken a great hit, as well. Hertz – car rental monster says it will cut 4,000 jobs - restructuring initiative for saving between 150 and 170 Dollars million every year.

Hertz trimmed back the workforce action since 2006. The auto rental firm affirms it'll have trimmed the workforce with 32 % since August 2006 having this final round in job cuts.

The firm affirms that the majority of the planned cuts are corporate or even support positions which do not have a direct customers contact plus that all the cuts bulk will be therefor realized at the first quarter, at the end, in 2009.