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Eighteen after more than a hundred years car rental company hertz has hit the skids the nation's number two auto rental company filed for chapter eleven bankruptcy protection Friday with travel effectively shut down in mid March heard said it's a dollar and thrifty subsidiaries all saw revenues dry up in late March Kurtz cut twelve thousand employees and put another four thousand down for a little while cutting vehicle acquisitions by ninety percent and freezing all non essential spending hurts joins a list of companies pushed into bankruptcy during the pandemic that includes JCPenney Neiman Marcus and J. crew hi Mike Rossi up wins news time five

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