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Meta hikes executive bonuses to 200% days after layoffs
short by Mansi Agarwal / on Friday, 21 February, 2025
Meta has approved raising the "target bonus percentage" of its executive officers from 75% of their base salary to 200%, as per a regulatory filing. The change doesn't apply to Meta CEO Mark Zuckerberg, the filing stated. This comes days after Meta started laying off around 5% of its workforce, affecting around 3,000 employees.
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