Here Are All the Game Industry CEOs Who Took a Pay Cut to Prevent Layoffs
Here Are All the Game Industry CEOs Who Took a Pay Cut to Prevent Layoffs
After a thorough investigation we’ve compiled a list of gaming industry CEOs who reduced their own pay in an effort to curb the number of…
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It wasn't this year, but I remember when Satoru Iwata and a bunch of other Nintendo executives took pay cuts when the Wii U was underperforming rather than laying off workers.
So it does happen, just not very often with most companies.
Japan Airlines CEO took a salary of $1 during the downturn..but it's more of a Japan thing
To be fair, many US CEOs take a $1 salary, they just get a ton of stocks instead.
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Yes they do. Here are a few:
- Mark Zuckerberg
- Jack Dorsey
- Larry Page
Even those with a "typical" CEO salary usually get far more compensation through stocks (e.g. Costco's CEO). Salary isn't the interesting figure here.
It's the alternative to cutting your pinky finger off.
So you're telling me the CEO behind the Wii U even kept his job? Wild
He was also the CEO behind the Wii, DS, and 3DS. So plenty of success besides the Wii U.