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Nintendo Boss Cuts Own Pay After Poor Results, In Singapore?

Faidenk

Alfrescian
Loyal
In Singapore? I am very concerned.

Nintendo's Satoru Iwata announced he will slash his pay in half following a 30 percent slump in profit over the nine-month fiscal period ending Dec. 31, 2013.

Speaking to reporters, the Nintendo president said he will receive a reduced salary for five months in the wake of the third quarter results. Other Nintendo executives will take a pay cut between 20 and 30 percent.
Earlier this month, the company announced its expectations for a third consecutive annual operating loss after previously forecasting its return to profit. The company expects to lose 33.4 billion yen for the final quarter of the year, with a total operating loss of 35 billion yen ($355 million) for 2013.
Nintendo's third quarter financial results were revealed today, showing an operating loss of just over $15 million following dismal sales of the Wii U.


http://www.polygon.com/2014/1/29/53...-iwata-will-cut-pay-in-half-after-poor-fiscal
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
That's because the poor results are his fault.

In Singapore, problems aren't caused by leaders and CEOs. The fault lies with the uncooperative and lazy sinkies.
 

halsey02

Alfrescian (Inf)
Asset
In Singapore, the boss gets their pay increased or even stay behind, still collecting benefits...for example, wrong cunt sing!!...the people, is the one, gets their pay cut....for they still have to pay more. to get more, "shits"..have they committed harakiri yet, as suggested by their comrades, Cow$8?/ shameless....
 
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