Bay Area tech giant Meta raises executive pay after laying off thousands of workers
Bay Area tech giant Meta is raising the bonuses for its CFO, CTO, COO and CPO after laying off thousands of workers.
Mark Zuckberg's Meta raises executive bonus by outrageous amount after laying off thousands
While thousands of Meta employees face layoffs, the company's top executives are getting a major pay boost. Just days after cutting about 5 percent of its workforce, Meta's board approved significant increases to executive bonuses, ensuring that top leadership takes home substantially more cash in 2025.
Meta approves bonuses of up to 200% for company execs as it lays off workers
Meta, the parent company of Facebook and Instagram, announced that it approved a change to its bonus policy for executives other than the CEO that will raise payouts from 75% to 200%.
Meta approves massive bonuses for executives after broad layoffs
Meta has offered up a lucrative new executive bonus plan, according to a company filing released Thursday. Under the new plan, executives could earn a yearly bonus of 200 percent of their base salary,
Meta approves plan for bigger executive bonuses following 5% layoffs
Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase in the target bonus percentage” for its annual bonus plan for executives.
Meta offering 200 percent bonuses to execs after laying off thousands
Meta recently recently reduced its employee stock options by 10 percent, Business Insider reported, as its market value has gone up. On Feb. 10, Meta released an internal memo to
Meta Confirms It Is Doubling Executives Bonuses to 'Motivate' and 'Reward Them' a Week After Layoffs
Meta is giving its top executives bigger bonuses than ever as it tries to stay competitive with other tech giants. On Thursday, Meta wrote in a Securities and Exchange Commission filing that it had "approved an increase" in the target bonus percentage for its executive officers.
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Meta CTO Andrew Bosworth Tells Employees To ‘Consider Working Elsewhere’ Amid Backlash To Internal Policy Changes
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Meta’s CTO tells unhappy employees ‘to quit’ amid policy and layoff concerns – report
Meta CTO Andrew Bosworth told employees to "consider working elsewhere" if they disagree with company policies.
Meta CTO says employees who think 'everyone has to like' its policy changes should 'quit' and 'consider working elsewhere'
In internal messages seen by Business Insider, Meta CTO Andrew Bosworth also discussed leaks.
Meta CTO says staff should quit if they don’t like Meta’s new policies
Meta's CTO said staff unhappy with the tech giant's latest policies should work somewhere else, an internal chat reveals.
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