| oldschoolfool said: http://www.ign.com/articles/2014/05/13/sonys-ceo-executives-taking-50-pay-cut-losing-bonuses?abthid=5371f41461aefe811f00000c-----link. I'm shocked nobody posted this. Just read the article. It just basically saids that it's not looking good for sony and there upcoming losses is worst then expected. Sony's top brass is taking a %50 paycut and forgoing there bonuses. I prefer sony,but I'm not loyal 2 them. If they go bust,then I'd just switch to xbox are nintendo with no hesitation. thoughts??? |
CEOs taking paycuts is not really news anymore. Most CEOs get payment in stock and perks anyway. By taking a paycut, they improve the outlook and bottom line of the company and benefit by having their stock worth more. Most of Sony's bad news has to do with the repercussions of finally cutting departments that are not doing well (TV and VAIO)
