Nintendo has likely made its employees very happy, as it's announced that the base salary for its workers in Japan is getting a significant boost. The move comes at a time when the game industry is in a shaky state, which makes Nintendo's acknowledgment of its workers even more impressive.
Nintendo, like other console manufacturers, is feeling a pinch right now. The demand for RAM and other hardware is high, but supplies are low as companies like Micron pivot to selling only to AI companies. As a result of prices for parts rising, the price of the Nintendo Switch 2 is going up, similar to the increases that have been impacting the PlayStation 5 and Xbox Series X lines of consoles.
Nintendo shares suffer their deepest loss in months after the gaming giant confirms disappointing hardware and software sales projections.
The president of Nintendo, Shuntaro Furukawa, announced the increase in pay at Nintendo's latest annual shareholder meeting. An investor noted that Nintendo doesn't have a labor union, and wanted to know what the company is doing to reward its employees. Furukawa responded that he feels it's important for Nintendo to maintain an "appropriate level" of salary and compensation. Accordingly, the...
