Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday May 13, 2014

Sony Execs To Take 50% Pay Cut

I have no idea how Sony continually posts record losses year after year. They should be firing executives, not cutting their pay. eek!

TWO years after Kazuo Hirai took over as chief executive of Sony, it is slipping into a familiar pattern. After telling investors that a turnaround was at hand, the company is set this week to report its fourth annual loss in five years. Ratings agencies have downgraded Sony’s debt to junk status.