Forums - Nintendo Discussion - Nintendo is d0med, cutting employee bonuses by 20%

Galaki

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Galaki on 12 June 2012

REPORT - Nintendo to cut Summer bonuses by 20%

Jun 11, 2012 by RawmeatCowboy

Nintendo Co will cut its employees' summer bonuses by about 20 percent this year as a result of weak business performance, Japanese business daily Nikkei reported. The video game giant reported its first annual operating loss of 37.3 billion yen ($469.65 million) in April on shrinking sales of its Wii gaming console and weak demand for its new 3DS handheld device. The company has reduced executive compensations from last year, the newspaper said.

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Joelcool7 on 12 June 2012

Nintendo is going to fail to meet their projections this fiscal year if the E3 lineup is really their launch window line up. They need several other games to see a successful launch that will meet those projections. My bet is Nintendo is cutting costs as much as possible to minimize their next fiscal years losses or ensure that the profit margins are as high as possible. Id say Nintendo is probably aware that they have a lack luster launch line up, if they didn't prior to E3 they know now!

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DieAppleDie on 12 June 2012

^^^
WiiU s launch line up is far from being lack luster
is actually the best the world has seen

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manuel on 12 June 2012

Why do they get bonuses at all if the company is in the red?

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Galaki

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Galaki on 12 June 2012

manuel said:
Why do they get bonuses at all if the company is in the red?

Because Nintendo employees are like American CEO's?

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DieAppleDie

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DieAppleDie on 12 June 2012

"Why do they get bonuses at all if the company is in the red"
since when is Nintendo in the red?

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DieAppleDie

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DieAppleDie on 12 June 2012

^^^
which console had a better launch line up?

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DieAppleDie on 12 June 2012

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Millenium on 12 June 2012

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Zappykins on 12 June 2012

Galaki said:

manuel said:
Why do they get bonuses at all if the company is in the red?

Because Nintendo employees are like American CEO's?

Ha ha!

Some people really rely on the bonus, but doesn't make much since if they company is struggling.

Sadly, in the state most bonus seem to have gone away for employees in the past 20+ years.

Really not sure I see any point of Consol over PC's since Kinect, Wii and other alternative ways to play have been abandoned.

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