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RE: LeoThread 2025-02-21 10:06

in LeoFinance8 months ago

Meta approves plan for bigger executive bonuses following 5% layoffs
Meta's executive officers could earn a bonus of 200% of their base salary under the company's new executive bonus plan, up from the 75% they earned previously.

Executives at Meta stand to get bigger bonuses this year.

The company said in a corporate filing Thursday that it had approved "an increase in the target bonus percentage" for its annual bonus plan for executives. Meta's named executive officers could earn a bonus of 200% of their base salary under the new plan, up from the 75% they earned previously, according to the filing.

The updated bonus plan doesn't apply to Meta CEO Mark Zuckerberg, the filing noted.