Re:The Hertz Story Isn’t What You Think
by abakker on Monday June 01, 2020 @05:38PM
(#23384235)
Why should companies plan to weather this kind of thing? Honestly, holding huge amounts of savings is a suboptimal deployment of capital virtually 100% of the time.
[ Parent
| on HN ]
Huge amounts of savings? It has only been a few months, and surely that would be considered an extremely tiny runway for a large national or international corporation.
But sure, if government bailout money is there for the taking, obviously many large companies won't plan for it.