Comment by nielsbot 4 days ago
I like to think about this story from years ago when Nintendo wasn't doing so well and there was talk of layoffs
"Nintendo CEO’s refusal to layoff staff goes viral following industry-wide cuts"
https://www.nme.com/news/gaming-news/nintendo-ceos-refusal-t...
I realize these companies aren't identical, but interesting to compare approaches. I also expect Amazon hires and fires more easily instead of growing more slowly and steadily.
Nintendo Japan pays its engineers ~$62k a year
https://www.portal.e2r.jp/fixurl/nintendo_career_job/id/4/2?...
Amazon starts at 3x that and goes up
Corp or total? Amazon employees a lot of labor for fulfillment centers and other labor jobs.
Nintendo stock is up 7.5x since 1998, compare that to amazon which is up like 200x. Nintendo shareholders would be pissed about its performance if they were american, cant say how Japanese feel about it given cultural differences.
> not better for making money
I guess this is part of the problem. There is a term for this & it's called greed in such sense.
I will admit that I would love juicy returns on my investments as well but this doesn't make me not (admire?) the value set that Nintendo shareholders might have.
But I do feel like the fact that such options exist where pure capitalist greed can operate is the issue in the first place because if you have this option, then it becomes too lucrative for many to ignore not realizing the inner costs (like currently the AI bubble weights but also before that the moral and social implications of something like amazon let's say where workers had to pee in bottles and were so anti against Union that people were shocked when its videos were released in Youtube and effectively has really impacted all the local shops in your local communities impacting the income of members of your local community.
I guess some sort of regulatory action should be called out on but the govt. is lobbied by these mega-corps again as well so :/
Although that being said, Nintendo's really price jacking and becoming EA. and unironically EA is having a turnover and (actually listening to users?)
Bear in mind Nintendo has ~0.005% of the employees Amazon does