Facebook-patent Meta more than doubles executive bonus after this ‘finding’
By
Neha Kumari
Meta executives are set to receive significantly larger bonuses this year, according to a recent company filing. This comes soon after the company laid off around 5%, or 4000, employees, impacting its lowest performers.
The company has announced an increase in the target bonus percentage for its executive annual bonus plan, raising the potential bonus to 200% of base salary, up from the previous 75%, as per CNBC.