Ailing Nissan announces top executive positions to be cut by 20%

Why am I laughing while reading this? Probably because it took them years to figure out the essence of streamlining the decision-making process? Or, they are just downright stubborn for being so Showa?

The probably needed a foreigner to do it

This is hilarious.

The present management gross incompetence at Nissan is legendary.

Probably they will need another foreign asset to clear the waters there once again.

The gotten-rid-of-Ghosn ailment. They'll never get back to their glory days.

Ailing and failing. Pre- and post-Ghosn. There a message there somewhere

Why am I laughing while reading this? Probably because it took them years to figure out the essence of streamlining the decision-making process? Or, they are just downright stubborn for being so Showa?

Not only that, in global companies when result quarter after quarter is bad especially compared to same companies in the industry, instead compensation being cut, execs will be removed either by shareholders or board members. However in Japan few bows and compensation cut will save the day.

Nissan's running out of runway fast, time to sell out and become a subsidiary = nobody will trust this mgmt. team

Even voting down all those critical comments about Nissan (and Nissans temporary saviour for 15 years) won't rescue this thoroughly rotten example of the worst aspects of Japanese management.

Poor guys.

So cutting such salaries will save Nissan ?

Good luck.

But not everyone is Carlos.

Nobody to blame but themselves.

Why am I laughing while reading this? 

Asking myself the same question.

Ailing and failing. Pre- and post-Ghosn. There a message there somewhere

Unfortunately the Japanese will never get it.

Carlos Ghosn & the Biggest Scandal In Japanese Business History Part 1 - Episode #90 with Greg Kelly