He cut costs at Chrysler until there was almost nothing left of the company
When Robert Nardelli joined Chrysler in 2007 he was an outsider set to bring some Jack Welch-style management to Detroit. But it hasn’t worked out as planned, to say the least. Nardelli cut costs at Chrysler until there was almost nothing left of the company (an auto maker with a paucity of engineers and just four new cars in the pipeline for the next five years). He faced a very steep challenge, but he as fared no better than any other Detroit CEO before him in the tireless game of restructuring.