Sony Executives Taking Pay Cuts
After four years of consecutive losses, Sony’s executives are taking a pay cut for the upcoming financial year.
The PlayStation parent division is asking shareholders to help appoint a new Board of Directors. Within that board, Kaz Hirai is already included. Former CEO Howard Stringer was outed as Hirai took over last April.
Nintendo has also decided to reduce employee bonuses by 20%, which was just made public yesterday.