Quantcast
Nintendo CEO takes 50% pay cut following 3DS issues - Destructoid

DestructoidJapanatorTomopopFlixist



Nintendo CEO takes 50% pay cut following 3DS issues


10:45 AM on 07.29.2011
Nintendo CEO takes 50% pay cut following 3DS issues photo



Say what you will about Nintendo (I know I have), but one can't help feeling a little trace of admiration for Nintendo CEO Satoru Iwata, who has taken personal responsibility for the 3DS' disappointing performance and subsequent price 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. 

Of the 3DS price cut, Iwata said: "We decided that if we take brave measures now, there’s high likelihood that a many players can enjoy the Nintendo 3DS in the future."

This has been a pretty big disaster for Nintendo. You can certainly argue that "The DS didn't sell well at first either," but it was a very different market back then, and Nintendo knows it. With a lot more competition and rapidly shifting technology, the 3DS is in a very vulnerable position and only Urban Champion 3D can fix things!

Nintendo President Takes Blame for 3DS, Getting 50 Percent Pay Cut [Kotaku]






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.








Win your choice of console from Destructoid! in Destructoid's Hangs on LockerDome

3DS

7:00 AM on 07.28.2014
Monster Hunter 4 NA weapon contest winner is an insect glaive

I don't think anyone expected the North American weapon contest winner to top the UK's Monster Hunter 4 design (a freaking pig on a club, c'mon!), but it's a pretty cool looking item nonetheless. Yep, the North American...more



11:00 AM on 07.26.2014
Adventure Time: The Secret of the Nameless Kingdom is a shameless Zelda-like

Adventure Time is so inherently well suited to videogames that it almost works against it. Every fan of the series already knows what they want in an Adventure Time game. Sadly, none of the game adaptations of the serie...more



4:30 PM on 07.25.2014
Bat-Cow is an udder delight in LEGO Batman 3: Beyond Gotham

Now here's a game that really does feel right at home at Comic-Con. TT Games has a new trailer for LEGO Batman 3: Beyond Gotham prepared for the San Diego convention and, better yet, images featuring LEGO Bat-Cow, Batman of ...more



View all 3DS






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more