40 Sony execs skip bonuses
May 1, 2013
Sony’s top executives, including Kazuo Hirai the chief executive, are skipping bonuses worth between 30 and 50 per cent of their pay after they failed to deliver on returning the group’s consumer electronics division to profit.
The bonuses, estimated at roughly Y1 billion ($10m) in total, were to have been paid for work done in the fiscal year that ended in March.