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Forums - Nintendo - Nintendo president Iwata cuts his own salary in half!

dsage01 said:

Wow it really looks like Nintendo is losing a lot of money. With the huge pricecut for 3DS the horrible Wii sales and DS also down from last year forced the Nintendo president to cut is own salary in half! What do you think about all this. Will he cut the employees salaries too? We'll only find out soon. But what do you think about all this mess? What will he do with the money? If he's getting any.

Here's a link.

 

http://www.mcvuk.com/news/read/iwata-cuts-own-salary-in-half/082551


1. He wsn't forced to cut his salary.  It was 100% voluntary.  Remember that Nintendo has profited more than $25 billion in the past decade. He could have kept hsi salary if he wanted too.

2. He also cut the upper management salaries by 30%.

3. Common workers salary were never in jeopardy.  Only the management responsible for the errors in the 3DS launch, planning and pricing structure are affected.



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The entire business world is in turmoil right now. I wish people would read the news or at least check it out.



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