Binned off staff, slashed stock options. What's next? Ah yes, bigger C-suite bonuses
After another round of mass layoffs and reports of slashed stock options for remaining employees, Meta has like clockwork opted to reward its top executives with a substantial bonus increase.
The Facebook giant revealed in a government filing that its Compensation, Nominating and Governance Committee (CNGC) approved a target annual bonus increase for its top executive officers bar CEO Mark Zuckerberg. The bonus was raised from 75 percent of base salary to a whopping 200 percent, effective with t...
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