January 16, 2009 at 13:19 PM EST
Hertz cuts 4,000 jobs; stock takes a hit
Hertz Global Holdings Inc. shares are driven 7% lower after the company says 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.
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here