Published 6 months ago

Facebook owner Meta planning lower bonus payouts for some employees

Summary by Reuters

Facebook owner Meta Platforms Inc (META.O) is planning to lower bonus pays for some employees, and assess staff performance more frequently, the Wall Street Journal reported on Tuesday, citing an internal memo.

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Times of India

Meta plans lower staff bonuses, additional performance review: WSJ report

Employees of the social media giant, who get a rating of "met most expectations" in their 2023 year-end reviews, will receive a smaller percentage of bonus and restricted stock award due in March 2024, the WSJ report said.

6 months ago·India

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Reuters

Facebook owner Meta planning lower bonus payouts for some employees

Facebook owner Meta Platforms Inc is planning to lower bonus pays for some employees, and assess staff performance more frequently, the Wall Street Journal reported on Tuesday, citing an internal memo.

6 months ago·United Kingdom

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NDTV

Meta Planning Lower Bonus Payouts For Some Employees: Report

Facebook owner Meta Platforms Inc is planning to lower bonus pays for some employees, and assess staff performance more frequently, as a part of a larger restructuring, the Wall Street Journal reported on Tuesday, citing an internal memo. The social media giant will be assessing performance of employees, and those who get a rating of "met most expectations" in their 2023 year-end reviews will receive a smaller percentage of bonus and restricted …

6 months ago·New Delhi, India

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The Star Kuala Lumpur

Facebook owner Meta planning lower bonus payouts for some employees

(Reuters) -Facebook owner Meta Platforms Inc is planning to lower bonus pays for some employees, and assess staff performance more frequently, the Wall Street Journal reported on Tuesday, citing an internal memo.

6 months ago·Malaysia

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