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I like to think about this story from years ago when Nintendo wasn't doing so well and there was talk of layoffs "Nintendo CEO’s refusal to layoff staff goes v

I like to think about this story from years ago when Nintendo wasn't doing so well and there was talk of layoffs "Nintendo CEO’s refusal to layoff staff goes viral following industry-wide cuts" https://www.nme.com/news/gaming-news/nintendo-ceos-refusal-to-lay-off-staff-goes-viral-following-industry-wide-cuts-3577675 https://www.nme.com/news/gaming-news/nintendo-ceos-refusal-t... I realize these companies aren't identical, but interesting to compare approaches. I also expect Amazon hires and fires more easily instead of growing more slowly and steadily.

_vqpz 9mo ago
Bear in mind Nintendo has ~0.005% of the employees Amazon does
- caminante 9mo ago
  It's also ... Nintendo's share price was stagnant, Japanese business culture... FWIW, 8,000 (nintendo) / 1,600,000 (Amazon) is 0.005, so 0.5%.
  - bgirard 9mo ago
    Revenue per corporate employee are both ~1.5m/corp employee. I think it really comes down to how the company is managed and culture.
    - socalgal2 9mo ago
      Nintendo Japan pays its engineers ~$62k a year https://www.portal.e2r.jp/fixurl/nintendo_career_job/id/4/2?ki=job00149 https://www.portal.e2r.jp/fixurl/nintendo_career_job/id/4/2?... Amazon starts at 3x that and goes up https://www.levels.fyi/companies/amazon/salaries https://www.levels.fyi/companies/amazon/salaries
      - virtue3 9mo ago
        Some additional context to explain the numbers: Game industry in general pays like shit - japanese software engineering pays even worse, so double negative modifiers on salaries in this comparison. source: worked in games, worked at japanese tech company with us division.
      - no_wizard 9mo ago
        You need to compare the US division to get a more accurate comparison. Nintendo US pays quite well.
        socalgal2 9mo ago
        I don't not. The person making the claim they weren't going to fire anyone was the president of Nintendo Japan
- malfist 9mo ago
  If you exclude non-corporate it's only ~300k.
  - nielsbot 9mo ago
    Wow.. that sounds like a huge number..
- WheatMillington 9mo ago
  Only off by a factor of 100.
- notyourwork 9mo ago
  Corp or total? Amazon employees a lot of labor for fulfillment centers and other labor jobs.
HDThoreaun 9mo ago
Nintendo stock is up 7.5x since 1998, compare that to amazon which is up like 200x. Nintendo shareholders would be pissed about its performance if they were american, cant say how Japanese feel about it given cultural differences.
- etchalon 9mo ago
  Nintendo shareholders seem to have a fundamentally different value set. I'd argue it's a better one.
  - HDThoreaun 9mo ago
    not better for making money
    - citizenkeen 9mo ago
      Yes, that’s the point.
    - Imustaskforhelp 9mo ago
      > not better for making money I guess this is part of the problem. There is a term for this & it's called greed in such sense. I will admit that I would love juicy returns on my investments as well but this doesn't make me not (admire?) the value set that Nintendo shareholders might have. But I do feel like the fact that such options exist where pure capitalist greed can operate is the issue in the first place because if you have this option, then it becomes too lucrative for many to ignore not realizing the inner costs (like currently the AI bubble weights but also before that the moral and social implications of something like amazon let's say where workers had to pee in bottles and were so anti against Union that people were shocked when its videos were released in Youtube and effectively has really impacted all the local shops in your local communities impacting the income of members of your local community. I guess some sort of regulatory action should be called out on but the govt. is lobbied by these mega-corps again as well so :/ Although that being said, Nintendo's really price jacking and becoming EA. and unironically EA is having a turnover and (actually listening to users?)

_vqpz 9mo ago

Bear in mind Nintendo has ~0.005% of the employees Amazon does

caminante 9mo ago
It's also ... Nintendo's share price was stagnant, Japanese business culture... FWIW, 8,000 (nintendo) / 1,600,000 (Amazon) is 0.005, so 0.5%.
- bgirard 9mo ago
  Revenue per corporate employee are both ~1.5m/corp employee. I think it really comes down to how the company is managed and culture.
  - socalgal2 9mo ago
    Nintendo Japan pays its engineers ~$62k a year https://www.portal.e2r.jp/fixurl/nintendo_career_job/id/4/2?ki=job00149 https://www.portal.e2r.jp/fixurl/nintendo_career_job/id/4/2?... Amazon starts at 3x that and goes up https://www.levels.fyi/companies/amazon/salaries https://www.levels.fyi/companies/amazon/salaries
    - virtue3 9mo ago
      Some additional context to explain the numbers: Game industry in general pays like shit - japanese software engineering pays even worse, so double negative modifiers on salaries in this comparison. source: worked in games, worked at japanese tech company with us division.
    - no_wizard 9mo ago
      You need to compare the US division to get a more accurate comparison. Nintendo US pays quite well.
      - socalgal2 9mo ago
        I don't not. The person making the claim they weren't going to fire anyone was the president of Nintendo Japan
malfist 9mo ago
If you exclude non-corporate it's only ~300k.
- nielsbot 9mo ago
  Wow.. that sounds like a huge number..
WheatMillington 9mo ago
Only off by a factor of 100.
notyourwork 9mo ago
Corp or total? Amazon employees a lot of labor for fulfillment centers and other labor jobs.

HDThoreaun 9mo ago

Nintendo stock is up 7.5x since 1998, compare that to amazon which is up like 200x. Nintendo shareholders would be pissed about its performance if they were american, cant say how Japanese feel about it given cultural differences.

etchalon 9mo ago
Nintendo shareholders seem to have a fundamentally different value set. I'd argue it's a better one.
- HDThoreaun 9mo ago
  not better for making money
  - citizenkeen 9mo ago
    Yes, that’s the point.
  - Imustaskforhelp 9mo ago
    > not better for making money I guess this is part of the problem. There is a term for this & it's called greed in such sense. I will admit that I would love juicy returns on my investments as well but this doesn't make me not (admire?) the value set that Nintendo shareholders might have. But I do feel like the fact that such options exist where pure capitalist greed can operate is the issue in the first place because if you have this option, then it becomes too lucrative for many to ignore not realizing the inner costs (like currently the AI bubble weights but also before that the moral and social implications of something like amazon let's say where workers had to pee in bottles and were so anti against Union that people were shocked when its videos were released in Youtube and effectively has really impacted all the local shops in your local communities impacting the income of members of your local community. I guess some sort of regulatory action should be called out on but the govt. is lobbied by these mega-corps again as well so :/ Although that being said, Nintendo's really price jacking and becoming EA. and unironically EA is having a turnover and (actually listening to users?)