Thread regarding Canon Inc. layoffs

Weak Leadership, Satoru Iwata and the rest of his exes would've taken a paycut

Title says it all

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For those who want context: "In 2013, Nintendo released the Wii U console as a successor to the mega-popular Wii. It was a commercial failure, pushing the company into years of losses. To avoid layoffs, Iwata took a 50% pay cut to help pay for employee salaries, saying a fully-staffed Nintendo would have a better chance of rebounding."

https://www.cnbc.com/2024/02/13/nintendo-ceo-once-halved-salary-to-prevent-layoffs-why-thats-uncommon.html#:~:text=In%202013%2C%20Nintendo%20released%20the,a%20better%20chance%20of%20rebounding.

LEGEND

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Post ID: @dnd+1tt3KSTH

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