Facebook owner Meta planning lower bonus payouts for some employees

Meta to give lower bonus payouts to some employees: Report

Facebook owner Meta recently cut thousands of jobs, and is now planning to lower the bonuses for some employees, Wall Street Journal reported. The report also said that the company will now assess staff performance more frequently. Smaller bonuses will be given to employees who get a rating of "met most expectations" in their 2023 year-end reviews, besides restricted stock awards. The WSJ report said that the bonus multiplier for the particular

Briefing: Meta to Lower Bonus Payments, Add More Reviews

Meta Platforms is lowering bonus payments to employees and increasing the number of performance reviews it conducts per year, as the company undergoes layoffs and works to cut costs, The Wall Street Journal reported Tuesday. In a memo to managers Monday, Meta said employees who received a rating of  “met most expectations” in their 2013 review will receive a smaller amount of their bonus in

Facebook owner Meta planning lower bonus payouts for some employees- WSJ

(Reuters) -Facebook owner Meta Platforms Inc is planning to lower bonus pays for some employees, and assess staff performance more frequently, the Wall ...

Facebook owner Meta planning lower bonus payouts for some employees- WSJ By Reuters

Facebook owner Meta planning lower bonus payouts for some employees- WSJ

WSJ News Exclusive | Facebook Parent Meta Plans Lower Bonus Payouts for Some Staff

Company adjusts performance-review process in a bid to optimize for year ahead

Meta lowers bonuses and increases the number of annual reviews as its 'Year of Efficiency' rolls forward

The “year of efficiency” rolls forward.