misk@sopuli.xyz to Games@sh.itjust.worksEnglish · 10 months agoHere Are All the Game Industry CEOs Who Took a Pay Cut to Prevent Layoffshard-drive.netexternal-linkmessage-square51fedilinkarrow-up1167arrow-down17
arrow-up1160arrow-down1external-linkHere Are All the Game Industry CEOs Who Took a Pay Cut to Prevent Layoffshard-drive.netmisk@sopuli.xyz to Games@sh.itjust.worksEnglish · 10 months agomessage-square51fedilink
minus-squareFubarberry@sopuli.xyzlinkfedilinkEnglisharrow-up50·10 months agoIt wasn’t this year, but I remember when Satoru Iwata and a bunch of other Nintendo executives took pay cuts when the Wii U was underperforming rather than laying off workers. So it does happen, just not very often with most companies.
minus-squaredelitomatoes@lemm.eelinkfedilinkEnglisharrow-up2·10 months agoJapan Airlines CEO took a salary of $1 during the downturn…but it’s more of a Japan thing
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up1·10 months agoTo be fair, many US CEOs take a $1 salary, they just get a ton of stocks instead.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up1·edit-210 months agoYes they do. Here are a few: Mark Zuckerberg Jack Dorsey Larry Page Even those with a “typical” CEO salary usually get far more compensation through stocks (e.g. Costco’s CEO). Salary isn’t the interesting figure here.
minus-squareArtyom@lemm.eelinkfedilinkEnglisharrow-up1arrow-down3·10 months agoSo you’re telling me the CEO behind the Wii U even kept his job? Wild
minus-squareFubarberry@sopuli.xyzlinkfedilinkEnglisharrow-up5·10 months agoHe was also the CEO behind the Wii, DS, and 3DS. So plenty of success besides the Wii U.
It wasn’t this year, but I remember when Satoru Iwata and a bunch of other Nintendo executives took pay cuts when the Wii U was underperforming rather than laying off workers.
So it does happen, just not very often with most companies.
Japan Airlines CEO took a salary of $1 during the downturn…but it’s more of a Japan thing
To be fair, many US CEOs take a $1 salary, they just get a ton of stocks instead.
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Yes they do. Here are a few:
Even those with a “typical” CEO salary usually get far more compensation through stocks (e.g. Costco’s CEO). Salary isn’t the interesting figure here.
So you’re telling me the CEO behind the Wii U even kept his job? Wild
He was also the CEO behind the Wii, DS, and 3DS. So plenty of success besides the Wii U.