Good for Nintendo, for a while there I was beginning to think that they don't care anymore, but I'm glad they're actually taking some responsibility for this.
Much respect Iwata.
Much respect Iwata.
Nintendo CEO Takes 50% Pay Cut
- Thread starter The Wooster
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The pay cut IS a gesture of some sort, I guess, but in the grand scheme of things it doesn't do anything and won't be the thing to bring Nintendo's revenue back up. Hardware and software is the key.
This is what a real person does!
This man deserves a medal, instead of laying off workers, he cuts himself in half, sure he's still living wealthy, but.. wow.
This man deserves a medal, instead of laying off workers, he cuts himself in half, sure he's still living wealthy, but.. wow.
You can think what you want, but a CEO taking a pay cut and still making 6 figures doesn't impress me. If you want to commend him for it, go right ahead, but just because you do doesn't mean I have to. I have no need to be jealous. I make enough money and live within my means.Richard Allen said:
weeny eyestrain-o-vision is not what the masses want and kids don't have the funds to pay for the games
= severe niche market
prettymuch sums up recent handheld platform issues,
but the honest truth from my point of view is i'd rather play games on a smartphone in the bus station than street-fighter or Mario or something on a separate device that i also have to carry around, and then there's the 3d... why? why is everyone obsessed with 3d? it's not even real depth we already have that what were being sold now is a fake pop up book depth of field polarising fish-eye filter that will push your perspective around and eventually give you a migraine or so badly screw up your depth perception that you have trouble touching the ends of your fingers together
i'm in the first category, by the way.
= severe niche market
prettymuch sums up recent handheld platform issues,
but the honest truth from my point of view is i'd rather play games on a smartphone in the bus station than street-fighter or Mario or something on a separate device that i also have to carry around, and then there's the 3d... why? why is everyone obsessed with 3d? it's not even real depth we already have that what were being sold now is a fake pop up book depth of field polarising fish-eye filter that will push your perspective around and eventually give you a migraine or so badly screw up your depth perception that you have trouble touching the ends of your fingers together
i'm in the first category, by the way.
Japan's economy certainly has its problems, but their CEOs certainly seem far more ready to accept responsibility like this (and from what I've been told even when times are good their salaries aren't too ostentatious compared to American CEOs).
Yeah, Sony made the playstation partly as their honor bound revenge against Nintendo's disownerable acts, and considering how well the Sony systems did compared to the Nintendo (till the Wii) they succeed.Crono1973 said:
What struck me odd about this story is not that he took the pay cut, that's extremely admirable though, but that he was making less than two million a year as CEO of Nintendo? That's truly surprising to me.
Well thats odd, most CEO's would rather fire half of their staff before taking a cut from their salary. I wish my government did things this way, so they would actually try to improve things here instead of thinking of o way how to get more money or what expensive car to rent to drive to work on our taxes. I have no interest in nintendos products but i like the way they do business, hopefully 3DS will get some games soon and wont be just an expensive 3D demo.
So he's getting richer a bit slower.
Yes, it's better than the American model of things. But in a serious supranational company like Nintendo, one would idealise the sacking of incompetent CEOs, rather than the lowering of pay packet size.
I understand that Iwata has some charisma to his approaches though, so I guess it is a fair compromise in this case.
Yes, it's better than the American model of things. But in a serious supranational company like Nintendo, one would idealise the sacking of incompetent CEOs, rather than the lowering of pay packet size.
I understand that Iwata has some charisma to his approaches though, so I guess it is a fair compromise in this case.