Norobiik @Norobiik@noc.social<p>It was the failure of <a href="https://noc.social/tags/WiiU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WiiU</span></a> that led to Iwata going to the lengths that not many <a href="https://noc.social/tags/CEOs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CEOs</span></a> of large tech companies have done, which is to take a 50% pay cut to avoid mass company <a href="https://noc.social/tags/layoffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>layoffs</span></a>. At the same time, other top executives reduced their salaries by 20%.</p><p>And it’s a decision that people are being reminded of now as the <a href="https://noc.social/tags/TechSector" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TechSector</span></a> continues to suffer widespread layoffs in the first month of 2024</p><p><a href="https://noc.social/tags/Nintendo" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Nintendo</span></a> CEO <a href="https://noc.social/tags/SatoruIwata" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SatoruIwata</span></a>'s views on layoffs go viral<br><a href="https://readwrite.com/industry-wide-cuts-lead-to-resurfacing-of-nintendo-ceos-2013-comments/" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">readwrite.com/industry-wide-cu</span><span class="invisible">ts-lead-to-resurfacing-of-nintendo-ceos-2013-comments/</span></a></p>