The Cautionary Tale of the Fall of Hertz

The short version of Hertz’s bankruptcy goes something like this: global pandemic obliterates business travel, forcing iconic 102-year-old company to seek court protection from creditors. The long version, however, is a cautionary tale about what can happen when a company places the interests of shareholders ahead of customers.

#TheBreakdown #Business BloombergQuicktake
——–
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1

QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more.

Subscribe for business news, but not as you’ve known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.

Visit our partner channel QuickTake News for breaking global news and insight in an instant.

More News