Saturday, January 17, 2009
Filled Under: Layoffs in USA
Hertz to cut 4,000 jobs
According to MarketWatch: “Hertz Global Holdings Inc. (NYSE:HTZ) shares were driven down as much as 12% Friday after the company said it will slash 4,000 jobs, or almost 14% of its workforce, in an effort to cut costs in the face of falling demand for its rental cars.”
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