renzume on Nostr: Meta has increased target annual bonuses for top executives from 75% to 200% of base ...
Meta has increased target annual bonuses for top executives from 75% to 200% of base salary, effective 2025, while simultaneously conducting mass layoffs of 3,700 employees and reducing stock options for remaining staff by 10%. The company reported a 59% year-over-year increase in net income to $62.36 billion and plans massive AI investments, with Zuckerberg announcing $60 billion in AI infrastructure expansion.
https://www.theregister.com/2025/02/22/meta_pumps_executive_bonuses/#executivecompensation #corporatelayoffs #meta #aiinvestment #stockoptions
Published at
2025-02-22 14:49:04Event JSON
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"content": "Meta has increased target annual bonuses for top executives from 75% to 200% of base salary, effective 2025, while simultaneously conducting mass layoffs of 3,700 employees and reducing stock options for remaining staff by 10%. The company reported a 59% year-over-year increase in net income to $62.36 billion and plans massive AI investments, with Zuckerberg announcing $60 billion in AI infrastructure expansion.\nhttps://www.theregister.com/2025/02/22/meta_pumps_executive_bonuses/\n#executivecompensation #corporatelayoffs #meta #aiinvestment #stockoptions",
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