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Added by Kaos2K on 13.06.2012 |
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Nintendo is going to cut employees bonuses about 20 percent due to weak business performamnce
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Bad news we have here. It appears that Nintendo is facing the economic crisis severely and will cut employee bonuses by 20% regarding weak business.
Nintendo Co will cut its employees' summer bonuses by about 20 percent this year as a result of weak business performance, Japanese business daily Nikkei reported.
The video game giant reported its first annual operating loss of 37.3 billion yen ($469.65 million) in April on shrinking sales of its Wii gaming console and weak demand for its new 3DS handheld device.
The company has reduced executive compensations from last year, the newspaper said.
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Yahoo News
Nintendo to cut summer bonuses by 20 percent Nikkei
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