Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.
Category:
General
Uncategorized

Satoru Iwata’s Salary to be Cut in Half, Other Nintendo Executives Take Slighter Salary Cuts

Image of Chris Jecks
Chris Jecks
|

Published: Jan 29, 2014 12:05 pm

This article is over 10 years old and may contain outdated information

Following the news of Nintendo’s revised profit estimates earlier this month, things were already looking abysmal for the company. A report from AFP published today confirms the notions of the Wii U’s poor performance over the holidays. As a result, Satoru Iwata is taking a 50% pay cut over the next five months.

Recommended Videos

Iwata isn’t the only one experiencing a cut, Siliconera reports that Genyo Takeda and Shigeru Miyamoto will take 30% cuts and the remaining directors at Nintendo are having their salaries cut by 20%.

As of right now, it is unclear whether Nintendo will be able to turn the fate of the Wii U around. Hopefully the release of blockbuster games like Super Smash Bros. will spur sales but things are looking grim at the moment.

Twinfinite is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy
related content
Author
Image of Chris Jecks
Chris Jecks
Chris Jecks has been covering the games industry for over eight years. He typically covers new releases, FIFA, Fortnite, any good shooters, and loves nothing more than a good Pro Clubs session with the lads. Chris has a History degree from the University of Central Lancashire. He spends his days eagerly awaiting the release of BioShock 4.
twitter