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Meta approves plan for bigger executive bonuses following 5% layoffs

Meta has approved an increase in the target bonus percentage for its executive officers from 75% to 200% of their base salaries for 2025, as stated in the filing with the Securities and Exchange Commission.
Last week, Meta laid off 5% of its workforce, approximately 3,600 employees, citing a focus on low performers as the reason, according to the company's statements.
The new bonus structure aligns Meta's executive compensation with the 50th percentile of its industry peers, determined by a board committee after previous payouts were at or below the 15th percentile.
Despite layoffs and stock option cuts of 10%, Meta's stock surged more than 47% over the past year, reflecting investor confidence in its increasing digital advertising revenue and potential AI investments.

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SF Gate

Bay Area tech giant raises executive pay after laying off thousands of workers

Bay Area tech giant Meta is raising the bonuses for its CFO, CTO, COO and CPO after laying off thousands of workers.

10 hours ago·San Francisco, United States

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Mashable

Meta offering 200 percent bonuses to execs after laying off thousands

According to a new SEC filing, Meta execs can expect a major increase in bonuses, as the company downsizes its workforce.

13 hours ago·United States

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Fox Business

Meta approves bonuses of up to 200% for company execs as it lays off workers

Meta, the parent company of Facebook and Instagram, announced that it approved a change to its bonus policy for executives other than the CEO that will raise payouts from 75% to 200%.

13 hours ago·United States

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