The time has finally come for Iwata and the rest of Nintendo to make some moves, take pay cuts and now rebuild and convince investors that they have a winning strategy in getting back in the black with profits and not losses.
So far they have already started with the first round of pay cuts:
-President Satoru Iwata cutting salary by 50%
- other members of the board and Shigeru Miyamoto will take a pay cut of between 20-30%
- These cuts will last for 5 months
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