Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 24, 2017
arrowPress Releases






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
Comments
    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

MLB Advanced Media
MLB Advanced Media — New York, New York, United States
[01.24.17]

Unity 3D Animator
MLB Advanced Media
MLB Advanced Media — New York, New York, United States
[01.24.17]

Lead Technical Director, Gaming and VR
Counterplay Games Inc.
Counterplay Games Inc. — San Francisco, California, United States
[01.24.17]

Senior Environment Artist
Bandai Namco Entertainment America
Bandai Namco Entertainment America — Santa Clara, California, United States
[01.23.17]

Senior Mobile Product Manager









Loading Comments

loader image