Sony freezes employee salary, cuts bonuses
March 19th, 2009 Posted in Business, News, PSP, PlayStation 3 by James
It’s no secret that Sony is hit by the financial crisis just as hard as anyone else, but perhaps a bit harder than the other game makers. According to Japanese business newspaper Nikkei, Sony will freeze staff wages from next month on and for the rest of the year, and bonuses will be cut from 6 months pay to 4 months pay. In addition, managers will have their wages cut 10-20%, and their bonuses cut 35-40%. This is the latest attempt for Sony to cut costs and ease the pressure form the financial crisis.
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