http://www.polygon.com/2014/1/29/5356812/nintendo-boss-satoru-iwata-will-cut-pay-in-half-after-poor-fiscal
[quote]Nintendo's Satoru Iwata announced he will slash his pay in half following a 30 percent slump in profit over the nine-month fiscal period ending Dec. 31, 2013.
Speaking to reporters, the Nintendo president said he will receive a reduced salary for five months in the wake of the third quarter results. Other Nintendo executives will take a pay cut between 20 and 30 percent.[/quote]
Wow, what a guy. Most other presidents/CEOs would just flat out fire employees, but no, Mr. Iwata is reducing his own salary by 50%, and the other Nintendo execs are taking a wage cut from anywhere from 20% - 30%. Iwata did this because of the poor WiiU sales and so that no employees would have to be fired.
I have just gained even more respect for Nintendo and Iwata. I really want to see them get out of this slump, and hopefully they will around the time that the new Mario Kart and Smash bros. games come out.
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Probably just selling amibos on eBay to make up the difference.
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Edited by BannedCommando: 1/29/2014 11:17:32 PMSo are you posting threads that already been posted to troll or are you just ignorant about what's already been posted becasue you fail to look?
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Edited by BannedLemön: 1/29/2014 11:13:09 PMDo you do this intentionally, or are you just too lazy to check if there's already a thread? http://www.bungie.net/7_Nintendo-President-cuts-salary-in-half-due-to-bad-/en/Forum/Post?id=63506900
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Edited by Xydas Svaromnee: 1/29/2014 11:26:55 PMWhy do you live to post cOLD news?
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Wonder how much he's actually getting paid >.>
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Wow. Respect to him for doing that.