Cover executives are taking pay cuts because of their financial failures. Is this normal?https://contents.xj-storage.jp/xcontents/AS05169/2309d365/b99b/4b1b/827d/d68ced7cf21c/20260514150253289s.pdf
>>111836451No, but it should be
>>111836451>Cover executives are taking pay cuts because of their financial failuresGood. That's the way every company should work. You fuck up, you get a pay cut.
>>111836451nope but its their way of showing they are responsible for the loss
>>111836451Based actually
>>111836451No it's a cover special
>>111836451This is why we love cover btw
>>111836451Normal? No, but it's how all company executives should respond to this kind of situation.
>>111836451Normal in JapanUnthinkable anywhere else
>>111836506Every company should but somehow cover are the only ones doing it
>>111836586Anycolor didn't
>>111836451Remember the Taiwan fuckup back in 2020? YAGOO acknowledged his fault and chose to voluntarily cut his own pay.
>>111836451It's a Japanese thing. Crazy how it's not normalized everywhere else.
>>111836451-20% for 2 monthsthat's it?
>>111836642The fuckup was not cutting the cn branch sooner and betraying coco and haachama. They will never recover from the betrayal.
>>111836669>It's a Japanese thingExplain anycolor
>>111836451That’s fucking based, my respect!
>>111836451Did you forget Iwata and Nintendo? Oh who am I kidding you're too young.
it's so little it doesn't really matter but it gets low iq retards off their back as you can see in this thread
>>111836696Just a badly run Japanese company. COVER has good people and is run relatively well considering it's filled with hormonal women aged 20-45, they're just terrible at making a profit and reading the tech landscape/fanbase and always chase retarded trends.
>>111836773Uh oh nijiseething
>>111836451shows they fucked up massively."growth" stock cutting entire divisions and projects then returning money to shareholders is admitting they spent years torching money on homos and holoearth to end up being worth almost less than half of anycolor.yagoo is just trying to not get fired by shareholders atm
>>111836754Who the fuck is iwata?
>>111836774Pretty sure it's not Anycolor who just had to announce two enormous failures (Holostars and Holoearth) which are both unrelated to said women.
>>111836795Iwata Fuckalot
>>111836802I literally just said they chase retarded trends. One of them was Luxiem (homos) and the other was metaverse shit.
>>111836451This is why Japan will always lag behind America when it comes to making money
>>111836795Ligma balls
>>111836828>One of them was Luxiem (homos)Stars predate those niggas by years what the fuck are you even talking about?
>>111836451>>111836786THEY LITERALLY SAYS THEY ARE GIVING BACK MONEY TO THE COMPANYYOU NIGGERS CANT READ FOR SHIT
>>111836692Cover CN killed my innocence. Before it, I'd have gone "nah, you're just a racist" to someone blaming Chinese people for raiding a community Now, when I hear about them trying to crash Slay The Spire or something else, all I can think is "yeah, sounds like something they'd do"
>>111837148I'm obviously referring to EN homos who only exist because of Luxiem. The JP stars were a huge financial drain but they mostly kept to themselves. The JP girls (in the later years) weren't forced to interact with them. It was opt-in, but the EN stars completely fucked up the entirety of the EN branch and its fanbase for years. Even today the whole Nimi and Randon creampie fest is still a massive yab about to explode on the fanbase outside of /here/. That was COVER chasing a trend thinking they could replicate Luxiem's success when the Hololive fanbase has always been unicorn-coded. Nijisanji was always normalfag and cuck-coded.
>>111836451In Japan yes.If a company wants to fire an employee (as opposed to making the employee quit themselves by stonewalling them which is most common there) they need to show that it was a business necessity which is why higher ups end up sacrificing some of their salary before doing layoffs.They're just doing it so they can fire all the Software Engineers and others who were working on Holoearth
A tech company that makes a lot of revenue from Vtubing should never have a massive amount of behind the scenes staff. They need lay offs.
>ctrl+f>debt>0 resultsWow, a thread that isn't filled with insane schizos. /#/ is basically accusing Cover of hiding debts right now.
>>111837451They need shitloads of management for all the projects their vtubers do.
Better than failing upwards like in American vidya publishers
>>111837470>/#/you mean the naplings in /#/
>>111836451Well, that's at least something positive. Maybe they haven't COMPLETELY fallen yet, but damn they're still making it hard to root for them. Hopefully things turn up sooner than later.
>>111837496No it's a weird mix of unicorns, ex-shareholders, and general Holoan. But you can safely assume the first 2 are extensions of the third.
>>111836451based, i wish this was normal
>>111836754I remember Okawa>CSK chairman Isao Okawa replaced Irimajiri as president of Sega on May 22, 2000..Okawa, who had loaned Sega $500 million in 1999, died on March 16, 2001. Shortly before his death, he forgave Sega's debts to him and returned his $695 million worth of Sega and CSK stock, helping the company survive the third-party transition.>>111836795Steve Jobs
>>111837470>/#/gokischizo is not numbers
>>111837344>trying to crash Slay The Spire>is realholy kekNever pander to the Chinese audience, there's a reason why the Chinese gacha communities are the worst of the worst, easily worse than any vtuber fandom
>>111837436>/vt/ is actually right about Japan for onceHOLY SHIT. But yep. Right after Okawa basically gave SEGA $1bn in cash they fired like half their employees.
>>111837511it's just one guy having a melty
>>111836602anycolor has breaking profit record every year
>>111837602then why did their stocks drop 57%
>>111836451no, in the west they'd get huge bonuses instead. you decide which makes more sense
Respect for owning up to your shit decisions. Now let's see them actually make choices that attract new fans instead of sucking the current ones completely dry and abandoning vtubing altogether
>>111837633there's a worldwide financial crisis right now retard, their revenue and profit for the first 3 quarters this year are breaking the record
>>111837548Wait I don’t remember Steam specifying english reviews, did they add that because of the Chinese?
>>111837675and yet cover didn't drop 50%
>>111836451>Monthly basic compensation >BASIC compensation >Taro is reducing 20% of his base salary (Taxable) which accounts for less than 20% of his total compensation in a country where Compensation packages include 10+ allowances >"OMG 凄いい Taro-sama! truly nippon honor folded a thousand times!!!"
>>111836451In Japan yeah it does happen. PR stunt you could say but they are taking responsibility as leaders for the waste that went into HoloEarth instead of blaming the devs or chuubas. I mean who doesn't want a generic MMO in 2026, how could this have possibly gone wrong??!
>>111836786>yagoo is just trying to not get fired by shareholders atmYagoo and the rest of the exec team own a majority of Cover's shares, they cannot be fired
>>111837680yeah it's new
>>111837693because they are already the bottom of a barrel, expect it will reach 1000 tomorow lmao
>niji, phase, and indie cucks spent years shitposting about holoearth being a loss>same with homos>cover FINALLY gets rid of them>HERE'S HOW THIS IS ACTUALLY BAD FOR COVERtonal whiplash with such force from these posters that they flung themselves into the ganges, flying straight through their mudhuts
>20% of monthly basic compensationFags here are too useless or underage to know what this actually means in Japan
>>111837713he can, he only has 30% of company's share
>>111837548>look it up>they are going apeshit over a rebalancing patch. in a early access game....
>>111837785aren't they upset because anita was involved in it?
>>111837764but enough about anycolor's stock approaching historic lows, guess all those nijibots didn't convince investors keklmao!
>>111837795no the Chinese are upset because the patch made the game slightly harder
>>111837772Anon, have you heard the term, "canary in the coal mine?"
>>111836451This happens in Japanese businesses pretty commonly.
>>111837434>Even today the whole Nimi and Randon creampie fest is still a massive yab about to explode on the fanbase outside of /here/it never will because only u spergs care about that let alone doxxing them
>>111837713>Yagoo and the rest of the exec team own a majority of Cover's sharesno they don't lmao
>>111837680>did they add that because of the Chinese?Yes. The Chinese have rapidly adopted steam over the past few years and the Chinese userbase spiked hard when Wukong released.This is something that Asians in general but especially the Chinese love doing. If they're ever mad at a developer for any reason they rally and lash out however they can even if it has nothing to do with their version of the game.
>>111837826sorry Holoanti shitskin but you're posting cope from the coal mines
>>111837879like barely over 50 but yes they do
>Massive financial losses>WHILE mistreating holosHow do they manage it? I will never forgive them
>>111836451They deserved worse for doing a shitty job
>>111837896Sorry, that's my bad for expecting you to understand a common western phrase. I don't know what I expected being up at this hour.
They should just fire the 500 useless middlemen they have like every fucking Japanese corporation. You don't need to operate a company like a military. You don't need a chain of command which makes basic communication take ten times longer than necessary.
>>111836451It's almost like idolshit doesn't pay
>>111838001>doesn't get that I turned it into an insult on purposepoor showing spic boi, try again
>>111836451Honestly they take more accountability than government officials so yeah I'm so mad at our government
>>111837548Somebody has to fight for the right to not get all the fun sucked out of the game. Western audiences have decided this is the decade of the bdsm enjoyer and the chinese players were not having it. I'm sorry but i have seen this shit so many times its getting ridiculous. Devs getting high on their own fumes not wanting players to have their fun and monitoring builds just to cut them down and make the experience miserable.
>>111836451it should be
>>111836451It's the equivalent of naked dogeza
>>111836602AnyColor's top executives haven’t made any massive mistake yet, as can be seen how the company profit keeps growing and investors are well cared for with dividends and occasional buyback>W-what about the black streamThat was a result of middle or low level NijiEN management, not AnyColor top executive. And the BPDbird for starting the whole thing, of course
>>111837795The devs nerfed some card combinations that let you continue your turn forever while the enemies can't do anything because it feels like cheating and kinda ruins the game. Turns out everyone in china played exclusively by doing that and they're mad they have to play the game now.
>>111836451i guess only the ones with some principle
>>111838210This anon speaks the truth
>>111838631So the usual drama sloppas took that and ran with 'muh woke' headline?
>>111836451This is self-preservation so shareholders don't call for executive heads on pikes
>>11183645120% for 2 months,.oh fuck off with the virtue signalling, this is nothing with how much cash they have.
>>111836451This is normal in Japan, but it's also normal that it's more of a PR move than anything. As you can see the period is fairly short (2 monthly salaries).
>>111837785And they even act like they're doing the devs a favor by leaving "feedback". At least the damage they can do on Steam is limited compared to harassment on Youtube streams
these threads are always depressing. I have to read through pages of clueless comments to see if anyone knows the real answer, and they don't.no one identified what is happening. the important part is the two month salary reduction. that's happening to "share the pain" and be hurt just like all the other directors who took a pay cut. this is a move to reduce their most expensive salaries.
>>111838757Pretty much. There are a handful of seething westoids leaving bad reviews the past few days but 99% of them are chinese dudes mad about game balance.
>>111839491its a fucking beta game, broken shit is going to be found and patched. china should be taken off our internet
>>111836451Executive's main income from the company never comes from the official salary. For that reason, many put their salary to 1$. By stripping 20% from his official salary for 2 months (kek), he just "gives away" a few thousand bucks at best, that's nothing. Giving away 20% of the company stock he owns would be something.
>>11183645120% for two months? these are fucking pennies unless they are getting like a million per month
>>111837548How did the CCP even greenlight the usage of steam in the first place?
>>111839924Because their video game industry is booming and steam is the only realistic storefront to use. The CCP is willing to bend their own rules when it comes to money.
>>111836451>blue journey>umisea>holowitch>hlzntl>holoearth>even dev_is (execution is terrible. should've been a regular gen instead)>now mekparkthese retards in cover corp should've just stfu.
>>111837675>there's a worldwide financial crisis right now retardMeanwhile, nikkei 225 goes brrrrr
>>111837927> Amane Kanata> Who chose the crulest path for the sake of others> With her death, she bring down FUCKING middle manager cancer and Holo Meikyu (HoloMaze) with her death> With her death, Cover must revision and force to improve talent support system as a whole for no another one share the same fate with her.> She who die by Cover sin and saved us all in the end.So....this is final piece of puzzle you gave us heimin that day...>これでみんなの生活はもっと楽になるはずだ>Amane Kanata>used her death as a final weapon to destroy the enemies (antis) of her friend.>and change inside the company she belonged to for the sake of others.> Just like Kiryu Coco did 5 years ago as her true intention was revealed in " 2 hours of silence" incident.This's KANACOCOCK !Remember this!
>>111839924I'm going out on a limb here, but they're probably, like many other western companies, in a joint venture with some local entity where the chinks own 51% or something.
>>111839924There's an official Chinese version of Steam that only has approved games and most features are heavily restricted, but most users were already using the normal version of Steam with or without VPNs before the Chinese version launched.
>>111838314>brainlessly fishing for infinites over and over>funlmao
>>111840062ugh... watching streams... too hard....
>>111836451>>111836754This is how things should be.If Cover were an American company and this happened, the execs would be giving themselves a pay raise while firing half the girls or forcing them to take massive paycuts like >>111836921 Shows the how corrupt the economic system is normally and things like what Cover and Nintendo do are well outside the norm.
>Two whole months of 20% from their basic compensationlmao, that's probably close to nothing
>>111836587Nintendo did when the Wii U ended up being a failure
>>111836478fpbp
>>111841376If Cover were an American company, they'd be doing layoffs instead; but, how could Hololive *possibly* survive without managers who sabotage projects by just sitting on them for literal months, or sink millions into crap like Holoearth? No, Cover totally NEEDS people who are equal parts useless and bitter; no way *that* explodes in their faces via Google Doc. >>111836754Early 2000s Japan was very different: at the time, companies could have shit like private ski resorts for managers as a "business expense," and expense things like Hostess Clubs as well, so executives didn't really need as much in the way of pay as exectuives in other countries to have the same lifestyle. That did eventually change, and pay went up as a result. Even now though, it's still easier to expense things in Japan, because they aren't quite as strict as something like the SEC with reporting requirements.
>>111842423Kanata literally said that one of Cover's issues was that they don’t nave enough managers, though, as she pointed out that a Holo manager usually has to take care of 2-3 or more talents (although some talents do get multiple managers). That was why she agreed that their resources issues will take a long time to fix. It’s not like you can double to triple your manager team within just a few months
>>111842629The ultimate problem is that cover is a big company now who still operates like they have a total headcount of 50 people, but good luck explaining that to retarded euros and burgers who honestly still think the only thing stopping Saba from becoming a stream machine is the managers holding her back
>>111836451No because normal executives would just fire their workers
>20%literally nothing lol
>>111837779wtf Misora jumpscare
>>111838210Japanese also spend way too much time on planning and meetings.
>>111837548QRD? Why do they hate this game so much?
>>111840066What do you mean "death"? She's still going out on dinners with Noel, Lamy, Ririka and her other girlfriends behind the scenes.
>>111840063
>>111841376>This is how things should be.Fuck no, look at Anycolor, now THAT is how you run a business.>b-but the employeesfuck'em, shit's objective is to make money, not winning the "nicest company award".
>>111836451>Yagoo taking a paycut>Yagoo now directly in charge of talent management>board of directors triggering a stock buybackWhat this sounds like is that Yagoo has been effectively demoted from leading the company and is CEO in name only.
>>111836451I wish anybody in my country was this based
>>111845275The objective is to make memorable products, not go down in history as clown college crack den
>>111840062>should've been TWO regular gens insteadFTFY
>>111845383>Yagoo taking a paycut>Yagoo now directly in charge of talent managementhe gets 2 checks now
>>111845408No, the objective is to make money; anything else is just an extra.
>>1118400631Euro is 180+ YenI'm not blaming CC for her shopping sprees in japan when the yen is so weak.
>>111845275This midset is how you start an actual class revolt. And not the pussy version of taxing the rich.
>>111845574You're Jobs and I'm WozniakJobs died of cancer, alone, hated by everybody around him, stinking because he stopped washing himselfWoz is beloved and still alive and still plenty rich enough to live a happy life
>>111845746Jobs created many successful products. Woz had one success and everything since has flopped. Woz seems like a nice guy, but he's not a businessman. He got lucky.
>>111838295Sure you did, anon. You are very smart and clever and definitely not trying to deflect from an uncomfortable conversation that you have no response for.
>>111845825Jobs stole Woz' stuff and underpaid him because he's an asshole
>>111844347It's an early-access card gameA character named the Silent could easily do a build where she drew cards on her turn eternally to stun lock any enemy and bossThe devs nerfed some of the Silent cards, and made a boss punish using too many cards on the same turn. They want the game to be challenging and for OP strategies to be hard to pull off, like the first game isChinese players whined about being unable to win without cheese strats (skill issue on their part), called the devs arrogant idiots who don't play their own game, and called for negative reviews spam on their forums
>>111836688compared to the NA style of giving execs bonuses for insane fuckups I'll take it.
>>111836451No, normally you cut off a part of your finger.
I guess she really did burn it down, burn it dooown
>People taking paycuts>Talents talking about more strict restructuring of their payouts>More ad streams than ever before>Cutting chunks of the company off because they're failing>Multiple talents talking about frustrations with the company, feeling like their projects are going to get cut, getting more and more burned out, taking long breaks>People quitting before shit hits the fan>"ACTUALLY WE'RE WINNING"I think people here might be retarded.
>>111844347they got double whammy. first one is nerfing infinite decks, then hiring Anita Sarkeesian (gamergate), they want her out of the industry
>>111836451In Japan, yeah its a thing that happens. They take the honor/face seriously.
>>111847112People have been in denial since the graduation wave.
>>111836451>Make the biggest Vtuber Unicorn/CGDCT corpo in the entire world>Proceeds to implement StarsJP, hated by both JP and EN>Not satisfied, proceeds to implement StarsEN, causing massive loss of fanbase over time.>Pick awful (un)talents to HoloEN(ERB, Shiori, Nerissa) which causes even more filtering due to uncertain future>Finally, the receipt comes, with Mori starting to not selling out her events due to lack of fans and meltdownNormally, I would be sad to see Cover failing, but at the same time, I remember the day they shoved StarsEN into everyone's faces.
>We are going to blame men because I'm a man who is afraid and jealous of other men>Oh all that huge piles of money wasted on retarded tech, idolshit, and bureaucratic garbage? Just ignore that, it has nothing to do with it
Normal for Japan
>>111842423>how could Hololive *possibly* survive without managers who sabotage projects by just sitting on them for literal monthsNot allowed to do layoffs before paycuts in Japan. You literally have to prove in court that the company will go under if you don't lay off staff
>>111847748>Make the biggest Vtuber Unicorn/CGDCT corpo in the entire world>Proceeds to implement StarsJP, hated by both JP and ENHow did they fuck this up they had Idolmaster, 3DPD idols, and the whole gacha scene to learn from
>>111846887She slammed the door so hard the whole of vtubing shook.
>>111847977It's called capitalism, you think you can keep the existing fanbase while expanding to other groups.
>>111836451It's unusually responsible. Almost suspect. Respectable if true.
>>111846887All credibility of Hololive management causing her to quit disappeared when she went back to doing exactly the same thing she was doing in Hololive (not streaming while still selling merch)
>>111836451Surely memPark will save them.
>>111850085
>>111846418
>>111850777>holoanti
>>111837548>Chinks are using their numbers to shit on a game that is actually shittyHuh, I guess they aren't all that bad
>>111851285kill yourself hipster faggot
>>111851326I heartily await the day shitty roguelite deckbuilder "games" are finally gone alongside clickers and other genres exclusively played by subhumans like chinamen
>>111851441That's a lot of words for I'm mad because well received popular game exists
>>111851458Yes, I am aware that women and third worlders enjoy this sort of garbage, which is why I am astonished when even the dogs complain. Even the chinks can only stomach so much shit, how about you?
>>111851326Femoid seethe
>>111851557>My entire personality is hating popular thingThe modern day hipster
