Renault-Nissan joint functions axed as alliance unravels, paper says
Staff and wire reports
June 19, 2019
Several Renault-Nissan joint business functions are being unwound now that former alliance chairman Carlos Ghosn is no longer in power to press ahead with the integration of the two automakers, the Financial Times reported.
Joint business areas such as light commercial vehicles, sales and marketing, and communications are dismissing staff, according to FT sources.
Ghosn's "CEO Office," which was responsible for the day-to-day running of alliance functions, is being disbanded, the paper said on Wednesday. The office is led by Renault veteran Arnaud Deboeuf, according to the alliance's web site.
Before his arrest in Japan in November on charges for suspected financial misconduct, Ghosn had pledged to "make the alliance irreversible."
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