Hertz lays off 38 employees in Milwaukee

Wall Street Journal report says company is preparing for possible bankruptcy

Estero, Florida-based The Hertz Corp. notified state officials that it has laid off 38 employees at its facility at Milwaukee Mitchell International Airport in Milwaukee.

Today, a Wall Street Journal report says the rental-car company is preparing for a possible bankruptcy filing.

“The rapid and drastic decline in travel volumes due to COVID-19, have caused car rental bookings to fall off dramatically, causing unforeseen business circumstances,” the company said in a letter to the state.

Despite the coronavirus pandemic, Mitchell International remains in operation, but passenger traffic has fallen dramatically, dipping 53% in March.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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