Gaming News, Game Reviews, Game Trailers, Tech News

dtoid   |   japanator   |   flixist   |   tomopop   |   store


 

 

Sony executives reportedly taking a 50% cut in annual pay

0

Will forgo their bonuses, and that includes Kaz Hirai

The Wall Street Journal is reporting that Sony CEO Kaz Hirai, along with other executives at Sony, will be forgoing their bonuses, taking up to a 50% cut in annual pay. This news comes ahead of Sony's fiscal year taking place tomorrow, where the company is expected to be reporting a net loss of 130 billion yen ($1.3 billion).

Sony is performing well in regards to the PlayStation 4, their new Walkman music players, and 4K TVs, but all the growth in these areas aren't enough to fix Sony's bottom line. Some investors believe the worst will be over soon as Sony sells off its PC business and sets up their TV business as a separate unit.

For Sony, Struggle Is Still the Bottom Line [The Wall Street Journal]


You are logged out. Login | Sign up
 
 

 

TwitterRedditEmailFacebook
 
Hamza CTZ AzizShark // Profile & Disclosures
Fronts6796Blogs 221Following113Followers659


 



#PS3 #PS4 #Sales #Sony
 
 


READER COMMENTS LOADING BELOW...

Please login (or) make a quick account (free)
to view and post comments.



 Login with Twitter

 Login with Dtoid

Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!

spacer