Latest / The CEO Diary with Fexingo: Leadership Lessons, Executive Decisions, and Corner Office Stories
How Carlos Ghosn Cut Costs Without Killing Nissan
In the late 1990s, Nissan was on the brink of collapse, drowning in debt and losing market share. Then Carlos Ghosn arrived with a plan that would become a case study in ruthless cost discipline and cultural transformation. This episode of The CEO Diary with Fexingo pulls apart the specifics of the Nissan Revival Plan: how Ghosn identified the real problems — not just bloated costs but a fractured supplier network and a culture where failure was punished, not learned from. We look at the numbers: the 21 billion dollars of debt, the five plants closed, the 21,000 jobs cut, and the purchasing…
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