Meta to give 200% bonus to bosses after laying off many
By
Binu Mathew
Executives at Meta are set to receive larger bonuses this year. In a corporate filing on Thursday, the company announced an increase in the target bonus percentage for its annual executive bonus plan. Under the new structure, Meta’s named executive officers can now earn a bonus of 200% of their base salary, a significant jump from the previous 75%.
The changes, however, do not apply to Meta CEO Mark Zuckerberg, according to the filing.