| sega4life said: "Shit... I know Shit is bad right now"
____________________________________________________________________ Sony Freezing, Cutting Employee Wages
Sony have, for the first time in company history, "mothballed" employee wages and bonuses in an attempt to stem the company's financial bleeding. This means there'll be no wage increases over the next 12 months. For anyone, from the tea ladies all the way up to Sir Howard, and everyone (including the PlayStation folks) in between. Rank-and-file employee bonuses will also be cut by 33%, while managers will be faring even worse, seeing not only a 35-40% reduction in their bonus payments, but a 10-20% wage cut as well. Not even the top brass will escape unscathed, with Nikkei reporting that "Executives will also be slugged with huge cuts to bonuses and salaries". Ah well. Remember, Sony, before things get better, you must suffer! Sony to freeze wages for a year - Nikkei [Reuters] |
Plants need water
Look this is happening everywhere, its not indicative of Sony's gaming division at all. Still even the great untouchable god of tv and walkmans is fallible.
“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.
