Meta Raises Executive Bonuses to 200% Over Layoffs and Cost-Cutting Measures

Meta’s board authorizes a major executive bonus increase adding 200% on top of base salary which surpasses the previous 75% bonus level. According to official corporate documents from February 15 the company made this decision during its workforce-cutting period. The board committee elected to increase executive bonuses for top officials because their payments were trailing behind other tech company salaries.

After its workforce cut of 5% Meta continues targeting low-performing staff members as the reason for its personnel changes. The company has eliminated jobs from many areas of its operation to impact thousands of staff members. A Financial Times report shows Meta plans to lower its employee stock-option benefits by 10% for various workers across different roles and regional teams.

According to Meta’s financial statements their highest-paid leadership salaries are lower than 15% of other firms’ leader compensation. Meta gives bonus packages that pay executive salaries equally or below two-thousandth of executives from other sectors. Workers at Meta suffer stress when salary adjustments mirror competitor salaries at times when job reductions and stock option contracts happen.

Higher bonuses for executives cause the company to split its organizational focus from employee cuts. Meta offers high executive salaries to maintain a stable executive team through future market changes.

Also Read | TikTok Cuts Trust and Safety Staff Over AI Shift and Regulatory Pressure