Wii U nintendo president takes salary cut

Published on January 29th, 2014 | by dee

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Nintendo President Cuts His Salary in Half After 8% Revenue Drop

Amid the competition between Xbox and PlayStation with the latest next-generation consoles lies the Nintendo Wii U and their battle to remain relevant in the gaming industry.

Unfortunately for the CEO of the company, Satoru Iwata, the revenue is slowly dropping with an 8 percent dip in the last 9 months of the 2013 year.

Due to the fact of the revenue drop, the Satoru has chosen to take a 50 percent salary cut for the next 5 months and will give the board members a 20 to 30 percent cut for their salaries.

Check out the most anticipated titles of 2014 for the Nintendo Wii U below.

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