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Comment on Report: Microsoft explored selling or spinning off Xbox division after Phil Spencer's exit

That one is always misleading. It’s a known Japanese corporate move. As the article says, called “hansei”. Culturally regarded as an empty public gesture done exclusively to save the company’s public image. It works as a PR move, and it obviously did here, since it happened in 2013 and people still talk about it.

But, it actually does nothing financially, and usually none of the money saved goes anywhere. Nintendo avoided layoffs because they hoard liquidity. Have done so since the 80’s. Their revenue could collapse and they could lose money for a decade and still not reach bankruptcy. That is far more unique to tech corporations than halving executive’s pay. It is what actually has been protecting Nintendo from their failures. They still exploit and abuse employees just like every other Japanese corporation.

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thingsiplay@lemmy.ml ⁨9⁩ ⁨hours⁩ ago

That one is always misleading. It’s a known Japanese corporate move.

Doesn’t make it misleading, it is something that happened. I never read Sony did this before. Which other company did that, other than Nintendo?

But, it actually does nothing financially, and usually none of the money saved goes anywhere.

Where do you get that?

Their revenue could collapse and they could lose money for a decade and still not reach bankruptcy.

Not true. Nintendo has huge pile of money in reserve. Otherwise they couldn’t have survived the devastating Wii U.

It is what actually has been protecting Nintendo from their failures.

So because it saves Nintendo from their failures, does mean its misleading to write articles that Nintendo did it?

They still exploit and abuse employees just like every other Japanese corporation.

In what way and where did you got that? Are there reports about Nintendo doing it?

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