Game database:   #ABCDEFGHIJKLMNOPQRSTUVWXYZ         ALL     Xbox One     PS4     360     PS3     WiiU     Wii     PC     3DS     DS     PS Vita     PSP     iOS     Android


Sony execs surrender annual bonuses in financial letdown


8:00 AM on 05.02.2013
Sony execs surrender annual bonuses in financial letdown photo



Sony CEO Kaz Hirai is one of the roughly 40 executives giving up annual bonuses in the wake of the company's financial results. This will result in suits losing between 30 and 50% of the money they normally take home every year. 

Hirai proposed the bonus cull after Sony's electronic business was shown to be unprofitable for the second year running. Though the company enjoyed an actual net profit for the first time in five years, the flagging electronic business is a concern, and Hirai seems serious about rectifying it.

The company already jettisoned 10,000 jobs and moved away from making television sets, though that wasn't enough to rake in the green this year. 

The PlayStation 4, of course, is due to launch at the tail-end of this year, and so long as Sony doesn't find a way to screw it up, that may be a big help in reviving things. There are so, so many tempting ways to screw it up though. Can Sony resist its impulses? 

Sony Executives Give Up Bonuses After Loss at Electronics Unit [Bloomberg]






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.







Industry Bull

5:00 PM on 02.24.2015
Crystal Dynamics: Tomb Raider partnership with Microsoft began in 2008

At gamescom 2014, Rise of the Tomb Raider caused waves when it was revealed to be an Xbox exclusive. Well, sort of an exclusive. More like a timed exclusive. But, regardless of the confusion surrounding the announce...more



12:30 PM on 02.23.2015
Windows Store selling fake versions of Darkest Dungeon

There's a new app version of Red Hook Studios' groundbreaking roguelike Darkest Dungeon. Currently it's up for grabs on Microsoft's highly reputable Windows Store at the reasonable price point of only...more



11:00 AM on 02.21.2015
Backers of crowdfunded Delta Six controller hit by friendly fire

The Delta Six controller is the latest entry in my inadvertent series on crowdfunding drama. Hot on the heels of news that The Stomping Land was abandoned by its development team, details have emerged of project mismana...more



View all Industry Bull






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