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Sony CEO, Executives, Taking 50% Pay Cut


It’s been reported by The Wall Street Journal that Sony CEO Kazuo Hirai, along with several unnamed executives, will take a 50% salary pay cut this year ahead of Sony’s 4th year of posted losses out of the past 5 years. In addition, he will also decline his annual bonus.

Despite how strong the PS4 has sold worldwide against its competition in the Xbox One and Wii U, one strong limb cannot keep the host company thriving. Its weaker limbs in TV’s, tablets and PC departments (the last of which is being spun off and sold) are mainly responsible for Sony’s expected $1.27 billion loss in the fiscal 2013 year.

With Sony’s year-end financial results being posted and discussed by Sony brass tomorrow, we’ll know for sure just exactly what aspects of Sony are performing below and above expectations.

h/t IGN


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