Meta offering 200 percent bonuses to execs after laying off thousands

8 months ago 8

Meta's top executives may see huge bonuses in the coming years, despite the company's forceful trimming of its workforce amid what CEO Mark Zuckerberg expects to be a more challenging year for the company.

According to a recent Securities and Exchange Commission (SEC) filing, Meta is proposing a new target bonus percentage that could see certain corporate executives receiving a bonus of 200 percent of their base salary. The number is more than double the 75 percent figure under the company's previous plan. Zuckerberg, for what its worth, isn't included in the new bo...

Source: https://mashable.com/article/meta-layoffs-executive-bonuses

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