Iwata and other Nintendo executives to take pay-cuts
In an effort that was said to help offset losses, Mr. Iwata and other Nintendo executives will take pay-cuts. The pay-cuts are said to last about 6 months, which will see Mr. Iwata’s reduced by 50 percent, Genyo Takeda and Shigeru Miyamoto, will be taking a 30 percent cut and all remaining board members will see 20 percent cuts.
A similar tactic was taken by Mr. Iwata following poor 3DS sales. Future executive salaries will be evaluated based on business.
January 29, 2014
Mad respect for them
January 29, 2014
And to still want to keep that job? I guess that it’s only fair for the company, but that’s pretty harsh on the employees. Those guys at Nintendo are heroes.