Nintendo CEO takes 50% pay cut following 3DS issues
Say what you will about Nintendo (I know I have), but one can’t help feeling alittletrace of admiration for Nintendo CEO Satoru Iwata, who has taken personal responsibility for the 3DS’ disappointing performance and subsequentprice cut, along with an impressive 50% pay reduction. “For cuts in fixed salaries, I’m taking a 50% cut, other representative directors are taking a 30% cut, and other execs are taking a 20%,” he announced....