Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 09 July 2013 22:09

Nintendo will not lay off staff

Written by Nick Farrell

nintendo grey

Despite the poor outlook


Troubled gamemaker Nintendo has promised that it will not lay off any of its staff to help its ailing bottom line.

The company has been suffering after its latest Wii console tanked. In January, Nintendo cut sales estimates for the Wii U from 5.5 million units to 4 million units for its current fiscal year.Nintendo president Satoru Iwata has dismissed ideas that Nintendo should perform a corporate restructuring in the wake of two years' worth of operating losses.

However Iwata said that people should not become too pessimistic about the current situation with the Wii U, "I think we should pour that time and energy into our [development] efforts, so eventually we can encourage third-party [publishers] to want to support Nintendo,” he said.

According to Iwata, Nintendo's operating losses are mostly the result of the exchange rate between the yen and the US dollar.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments