Meta Boosts Executive Bonuses to 200% After Workforce Cuts

Meta hikes bonuses for executives from 75% to 200% after laying off 3,600 employees

A committee for Meta's board of directors approved the hike in bonuses after determining that its cash compensation for its executives was much lower than that enjoyed by executives holding similar positions at rival companies.

Amid Layoffs, Meta Bumps Max Executive Bonuses to 200% of Their Base Salaries

Executive officers at Meta can now get up to 200% of their base salary in the form of an annual performance-based payout, up from 75%.

Meta executives' annual bonuses just got a bit bigger

And really, nothing out of the ordinary for Silicon Valley

Good News! Zuckerberg's Meta Approves Up to 200% Bonuses for Employees on Base Salary

California: Here's good news for Meta employees, as the tech giant, led by Mark Zuckerberg, has announced that it will be awarding bonuses of up to 200% to its employees this year. This decision comes as a moral booster for the workforce, especially after the recent layoffs and c

Bay Area tech giant 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.

Meta offering 200 percent bonuses to execs after laying off thousands

According to a new SEC filing, Meta execs can expect a major increase in bonuses, as the company downsizes its workforce.