Sony execs have taken pay cuts and returned their annual bonuses following four years of losses.
The PlayStation parent has also asked shareholders to appoint a new Board of directors, which will include Hirai.
Hirai only became CEO of Sony in April following years in charge of the PlayStation business.
The news follows reports that Nintendo has also slashed employee bonuses and issued pay cuts following its poor performance last year.
Tags christopher-dring kaz hirai playstation ps3 sce sony vita
![mi [Event news] The First Guild Wars Card Battler Coming to PC and Mobile](https://mcvuk.com/wp-content/uploads/mi-310x165.jpg)
The beloved fantasy franchise Guild Wars expands into new territory with the announcement of a brand new free-to-play digital collectible card game (CCG), Mistbound. Officially licensed by ArenaNet, developed by NC, and globally published by bilibili, Mistbound marks the first CCG spin-off set within the Guild Wars universe. Designed around new multi-directional card movement mechanics, Mistbound aims to bring new energy to the traditional CCG universe and honor the legacy of Guild Wars for players.
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