I just wanted to put this on this subreddit to restore some faith in humanity.
During the Wii U generation of console (2012 to 2017), Nintendo was hemorrhaging money. Most game companies would just start quickly laying off employees, but the executives realized that their actions caused their current situation, not their employees. So they all took massive pay cuts, the president at the time, the late Satoru Iwata, cut his salary by 50 percent. They all did this to ensure they could keep everyone employed at their company.
And then look what most western companies did during the pandemic, losing 10 percent profit and then going, “welp, time to lay off half our work force”.