Gamasutra: The Art & Business of Making Gamesspacer
arrowPress Releases
November 27, 2015
PR Newswire
View All

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

Sony execs taking 50% pay cut as big losses loom - report
Sony execs taking 50% pay cut as big losses loom - report
May 13, 2014 | By Mike Rose

May 13, 2014 | By Mike Rose
    Post A Comment
More: Console/PC, Business/Marketing

Newsbrief: With Sony on the cusp of revealing large-scale losses for the last fiscal year, a new report from the Wall Street Journal suggests that Sony's executives will take a 50 percent pay cut as the company pushes games as one of its main pillars.

Sony will release its 2013 fiscal report tomorrow, and it's forecasting losses of $1.3 billion due to restructuring at the company. This new report says that Sony plans to focus on its PlayStation business, alongside its imaging tech and mobile devices, to push it back into the black.

This will be Sony's fourth annual loss in five years. As well as taking a 50 percent pay cut, Sony execs will also forgo their bonuses for the year, suggests the WSJ.

Related Jobs

Gearbox Software
Gearbox Software — Frisco, Texas, United States

Publishing Producer
Cognitive Code
Cognitive Code — Los Angeles, California, United States

Senior AI Programmer, Generalist
QLOC — Warszawa, Poland

C++ Programmer for Video Game Porting Projects
Nordeus — Belgrade, Serbia

Lead Game Designer - Top 11

Loading Comments

loader image