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Sony executives take pay cut, return bonuses

Wednesday, 13th June 2012 01:46 GMT By Brenna Hillier

A Sony spokesperson told Bloomberg that CEO Kazuo Hirai and several other executives will take pay cuts following four years of losses. Seven executives returned their annual bonuses over the company’s poor performance, and Sony has asked shareholders to appoint a new board of directors, including Hirai. Coincidentally, Nikkei reported yesterday that Nintendo had slashed employee bonuses and issued executive pay cuts.

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5 Comments

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  1. dtyk

    aaaand that’s what you get for leaving your hot new product, the Vita, dead in the water… among other things (TV slow down, junk no one wants, etc)

    #1 2 years ago
  2. G1GAHURTZ

    Four years of losses, eh?

    tut, tut, tut…

    #2 2 years ago
  3. Sini

    Sony should never be in the handheld space, they overextend themselves and both vita & ps3 suffers. Leave that shit to apple.

    #3 2 years ago
  4. Ireland Michael

    Because the PSP was a total flop…

    Oh wait, no it wasn’t.

    #4 2 years ago
  5. freedoms_stain

    If they were an American company: sack several thousand lower level employees, increase own salaries and bonuses.

    #5 2 years ago