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It seems that after the fall of Carlos Ghosn and the advances and setbacks of the merger with Fiat Chrysler Automobiles (FCA), the Renault Nissan Mitsubishi Alliance is collapsing.
According to the Financial Times (FT), which reportedly spoke to several current and former employees of the alliance, reports from some departments set up to oversee joint venture operations within the alliance are in the process of dismantling, which one of the sources contacted by the FT said that employees assigned to these departments had been without specific work for months.
According to the FT, the "CEO Office" (the department created to control the daily management of the Alliance and has many executives) is being dissolved and more and more layoffs of entire teams within of the structure of the Alliance.
Everything was precipitated by the arrest of Carlos Ghosn, accused of bad financial conduct, in a process that stinks the trap. Indeed, the charges only come when the Brazilian executive was preparing everything for the merger of Renault and Nissan in order to create one of the largest global groups. That did not please many Japanese leaders and accusations that, to the despair of some, would have staged the current CEO of Nissan and the engine of this rebellion, Hiroto Saitawa.
Carlos Ghosn, as a result of the merger project, had already made a large number of appointments and encouraged the merger of various departments (such as purchasing and spare parts) in order to gain in size and save resources. His arrest ended the process and Nissan's current leader is determined to dissolve everything Ghosn has done. In addition, Saitawa was keen to dismiss Renault's leadership, demanding more equality in the partnership and making "Birra" at the merger of Renault and FCA.
Of course, the letter from Renault President Jean-Dominique Senard, threatening to block important decisions at Nissan's general shareholders' meeting, did not help extinguish the company's decision. fire born of imbalanced relations between Nissan and Renault. Curiously, Senard and Saitawa proposed a lesser integration between the three brands, contrary to what was agreed in 1999 at the birth of the Alliance. And to make matters worse, Daimler and his new CEO, Ola Kallenius, are determined to cut costs considerably. The technical cooperation between Daimler and the Alliance therefore spends its entire time.
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