Tag Archives: bonuses

Pokémon Go expands ‘Nearby’ test areas, rolls out daily bonuses

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Every time there's a Pokémon Go update, the number one thing its remaining players ask about is access to a tracker to help locate the little critters. This weekend Niantic Labs announced it's expanding the test area of its Nearby Pokém...

Sharp further cuts bonuses and salaries to stay above water, save $180 million

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Sharp HQSharp is already in full-on belt-tightening mode, and it's not just cutting jobs to keep its staffing costs in line with shrinking finances. The sinking tech giant is doubling the size of executives' salary cuts to 10 percent for a year-long period, all the while slashing planned 2013 bonuses to half of what they were in June. Sadly, everyday workers will have to take some of the same medicine. They're facing similar bonus cuts and will have to take a 7 percent drop in salary for the same year. Between these steps and cuts to extras like travel allowances, Sharp hopes to save ¥14 billion in the current fiscal year, or about $180 million -- a small amount next to the $2 billion in credit the company just recently obtained, but also a sign of just how much penny-pinching is involved in keeping the corporate ship afloat. Let's hope the sacrifice pays off.

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Sharp further cuts bonuses and salaries to stay above water, save $180 million originally appeared on Engadget on Wed, 12 Sep 2012 01:15:00 EDT. Please see our terms for use of feeds.

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Sony to cut 10,000 jobs and slash bonuses, says Japanese newspaper

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Sony to cut 10,000 jobs and reduce bonuses, says Japanese newspaperThere have been some major adjustments at Sony HQ already, but Japanese business sheet Nikkei reckons they're nothing compared to what's on the horizon. It reports that, come an announcement on April 12th, Kaz Hirai will reveal plans to clear out 10,000 jobs by the end of this year -- that's six percent of his workforce. The paper also says that seven execs, including chairman Howard Stringer, could be asked to forgo their bonuses, as the company concedes a $3.2 billion loss for 2011. It's a just a single report and it's entirely possible that none of this will happen, but merely the hint of such austerity could perhaps serve Hirai's interests, even if he ends up being less drastic when Thursday comes around.

Sony to cut 10,000 jobs and slash bonuses, says Japanese newspaper originally appeared on Engadget on Mon, 09 Apr 2012 04:10:00 EDT. Please see our terms for use of feeds.

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