CEO And President Of Sony – Kaz Hirai –Take a 50 Percent Pay Cut

According to The Wall Street Journal, CEO and President of Sony – Kaz Hirai – is preparing to take a 50 percent pay cut while declining his annual bonus, also other high-level Sony executives will follow suit in a sign of solidarity with their struggling company, which will post an annual loss for the fourth time in five years. Two weeks ago Sony revealed that it expected to post a $1.27 billion loss for the 2013 fiscal year. 

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