Meta approves plan for bigger executive bonuses following 5% layoffs

Elected at Meta stand to get bonus bonus this year.

The company told in a corporate Fillation Thursday that had approved “an increase in destination bonus percentage” for their annual bonus plan for executives. The officers of executives meta can earn a 200% bonus of its basic salary under the new plan, up to 75% has earned before the filing.

The updated bonus plan does not apply to meta CEO Mark Zuckberberg, the thread noted.

A committee for the meta board of the change.13 after determining the total cash compensation “was at their percentage of the total.

“Following this increase, the target total excutive cash (other the CEO) at about the amount consists of pearl late terms:” The sparkle.

Executive bonus disclosure will come a week after Meta started to place 5% of their general work force. The company had first said this impact low rebolators. I am

Meta also shortened its annual distribution of stock options from approximately 10% per employees of employees, according to Report Posted Thursday from financial times. The report has noticed that the reduction of stock option can be deferred on where the workers live and their position to the company.

Meta actions are more than 47% in last year and closed on Thursday to $ 694.84, enthusiastic underline in the rise of social social Sales In the digital publicity market and potential for their Investments to eventually generate great performs.

The company said in January that is The income of the fourth increase 21% year a year to $ 48.39 billion.

Meta did not respond to a comment request.

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