07 Jan
In an interview with Reuters earlier today, Nintendo President Satoru Iwata described the year-end sales of the company’s Wii U console as steady, if not as strong as the Wii during its launch period. “At the end of the Christmas season, it wasn’t as though stores in the U.S. had no Wii U left in […]
25 Oct
Sony’s corporate staff will be seeing a major cut, with 20% of their HQ being let go
23 Oct
The world’s largest contract electronics manufacturer has admitted to hiring underage employees against national labor policy
Nintendo is planning to reduce employee summer bonuses by 20% across the board, according to Japanese newspaper Nikkei (via Reuters). The company had posted its first annual loss this past April, at ¥43.2 billion (approx. $532 million), compared with last year’s ¥77.6 billion (approx. $956 million) in profits. The company had similarly slashed executive pay […]