Famously, Nintendo's president Satoru Iwata slashed his pay in half in 2014 due to the failure of the Wii U, and imposed pay cuts of 20-30% on all other executi

Famously, Nintendo's president Satoru Iwata slashed his pay in half in 2014 due to the failure of the Wii U, and imposed pay cuts of 20-30% on all other executives. I don't recall any layoffs being announced in this period. https://www.polygon.com/2014/1/29/5356812/nintendo-boss-satoru-iwata-will-cut-pay-in-half-after-poor-fiscal https://www.polygon.com/2014/1/29/5356812/nintendo-boss-sato...