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Iwata voluntarily halved his salary in 2011 and 2014 as apologies for the poor sales while other members of the Nintendo board of directors had pay cuts of 20–30 percent. [ 108 ] [ 109 ] This also served to ensure the job security of Nintendo's employees, preventing workers from being laid off in order to improve short-term finances.
EA's CEO, Andrew Wilson, outlined the company's focus on owned IP, sports, and massive online communities as part of its business advancement. Additionally, EA shut down Ridgeline Games and canceled a Star Wars single player game developed by Respawn Entertainment. [106] [107] These cuts included 23 jobs at Respawn that were announced in March ...
A Wall Street Journal report found that CEO pay packages for two-thirds of America’s 500 largest companies fell in 2022 for the first time in a decade after getting richer and richer every year ...
To the surprise of no one, Nintendo reported a significant loss of around $15.3 million when it released its financial results for the fiscal third quarter. This followed a major cut to the sales ...
Nintendo president Satoru Iwata is taking a slap on the wrist for poor sales of its 3DS ... a slap with a yardstick wrapped in barbed wire and set on fire. Kotaku Japan reports that Iwata ...
Nintendo Direct [a] is a series of online presentations or live shows produced by Nintendo, where information regarding the company's upcoming content or franchises is presented, such as information about games and consoles. [1]
Nintendo (OTC: NTDOY) stock is climbing in Thursday's trading. The gaming company's share price was up 2% as of 2:45 p.m. ET and had been up as much as 3.5% earlier in the daily session.
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