this post was submitted on 25 Jan 2024
270 points (91.4% liked)
Games
16690 readers
476 users here now
Video game news oriented community. No NanoUFO is not a bot :)
Posts.
- News oriented content (general reviews, previews or retrospectives allowed).
- Broad discussion posts (preferably not only about a specific game).
- No humor/memes etc..
- No affiliate links
- No advertising.
- No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
- No self promotion.
- No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
- No politics.
Comments.
- No personal attacks.
- Obey instance rules.
- No low effort comments(one or two words, emoji etc..)
- Please use spoiler tags for spoilers.
My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.
Other communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.
Do they though?
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.
It's the alternative to cutting your pinky finger off.
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.