Meta lays off 3,600 workers—Then hands execs up to 200% in bonuses


Just a week after laying off 3,600 employees, Meta is set to reward its top executives with massive bonuses. According to a corporate filing, the company has increased executive bonuses to 200% of their base salary—more than double the previous 75%.The decision, approved on 13 February 2025 by Meta’s Compensation, Nominating, and Governance Committee (CNGC), does not include CEO Mark Zuckerberg. Meta justified the increase by stating that its executive compensation was falling behind industry competitors, as reported by Moneycontrol.

Aligning with Industry Peers

Meta’s board argued that, before the hike, the “target total cash compensation” for executives was “at or below the 15th percentile of the target total cash compensation of executives holding similar positions” at rival companies. The company stated, “Following this increase, the target total cash compensation for the named executive officers (other than the CEO) falls at approximately the 50th percentile of the Peer Group Target Cash Compensation.”

The board insisted the move was necessary to retain top talent and keep compensation competitive within the industry. However, the timing of the announcement has sparked widespread criticism.

Mass Layoffs Ignite Anger Online

The news comes shortly after Meta laid off around 5% of its global workforce, citing “low performance” as the reason for job cuts. The layoffs triggered backlash on social media, with many accusing the company of prioritising executive pay over regular employees’ livelihoods.

One social media user wrote, “Executives always think they are deserving of more money, regardless of their performance. And they rarely think regular workers are deserving of more money.” Another user added, “Always more for the top, less for workers. Meanwhile, thousands are out of work looking for opportunities. I wish we could easily avoid Meta, but it’s hard to avoid in this social media era.”

Discover the stories of your interest

Former Employees Speak Out

Beyond public backlash, some former Meta employees have accused the company of unfairly dismissing workers. Many believe the layoffs were not truly performance-related but motivated by cost-cutting measures.Some claim they lost their jobs for reasons other than poor performance, including taking approved leave. “Meta is the cruelest tech company,” one former employee stated, alleging the company was more focused on financial gain than treating its workforce fairly.

The Timing Raises Questions

While some acknowledge that Meta’s executive pay hike brings compensation in line with industry standards, they argue the timing is poor. A social media user commented, “It’s worth noting that the new bonus plan is intended to bring Meta’s executive compensation more in line with industry standards. However, the timing of the announcement has raised eyebrows, given the significant job cuts happening within the company.”

The stark contrast between rewarding top executives and cutting thousands of jobs has intensified scrutiny on Meta’s leadership. As the company navigates this backlash, questions remain about how it will balance profitability with ethical workforce management.



Source link

Share

Latest Updates

Frequently Asked Questions

Related Articles

Court ruling boosts acceptance of personality rights in deepfake cases

India's debate on personality rights has been intensified by the Delhi High Court's...

Vast backs new NASA commercial space station strategy

WASHINGTON — The chief executive of commercial space station developer Vast says he...

12 clever USB-C gadgets you didn’t know you needed

I don’t know how your tech drawers look, but mine are filled with...

Nudists Declare War on SpaceX

SpaceX has lots of enemies — but this may be the most unexpected...
sabung ayam online sabung ayam online sabung ayam online sabung ayam online sabung ayam online Sabung Ayam Online Sv388 Sv388 SV388 sabung ayam online sabung ayam online Sabung Ayam Online sabung ayam online sabung ayam online sabung ayam online Sabung ayam online Sabung ayam online SV388 sabung ayam online sabung ayam online sabung ayam online sabung ayam online sabung ayam online sabung ayam online SV388 sabung ayam online SV388 SV388 Sabung Ayam Online Sabung Ayam Online Sabung Ayam Online Sabung Ayam Online Sv388 SV388 SV388 sabung ayam online sv388 sv388 sabung ayam online sv388
judi bola judi bola Judi bola SBOBET judi bola judi bola judi bola Judi Bola Online judi bola judi bola judi bola judi bola judi bola judi bola juara303 juara303 Judi bola online judi bola judi bola judi bola judi bola judi bola judi bola judi bola judi bola SBOBET judi bola judi bola judi bola Judi Bola SBOBET88 SBOBET88 judi bola judi bola judi bola JUDI BOLA ONLINE JUDI BOLA ONLINE SBOBET88 Judi Bola Judi Bola judi bola judi bola judi bola judi bola judi bola Judi Bola Online judi bola judi bola judi bola judi bola mix parlay
CASINO ONLINE SLOT GACOR live casino mahjong ways Live Casino Online Slot Gacor Mahjong Ways slot pulsa Casino Online Slot Gacor Mix Parlay live casino online live casino online LIVE CASINO ONLINE LIVE CASINO ONLINE slot pulsa slot pulsa slot pulsa Mpo Slot
https://ejurnal.staidarulkamal.ac.id/ https://doctorsnutritionprogram.com/ https://nielsen-restaurante.com/ https://www.atobapizzaria.com.br/ https://casadeapoio.com.br/ https://bracoalemao.com.br/ https://letspetsresort.com.br/ https://mmsolucoesweb.com.br/ https://procao.com.br/
Rahasia Kemenangan di Mahjong Wild Pemain Tidak Menyangka Pola Scatter Jangan Anggap Remeh Mahjong Wild Pemain Pemula Heran Setelah Coba Mahjong Wild Menemukan Pola Rahasia yang Bikin Scatter Muncul Pola Scatter Rahasia yang Baru Terbongkar Pola Rahasia Pemain Pemula Terbongkar Mereka Ketagihan Karena Sering Dapat Kemenangan Mereka Ketagihan Karena Sering Dapat Kemenangan Trik Sederhana Saat Taruhan Kecil Pola Wild Liar Tersembunyi Bisa Menggandakan uang Pola Rahasia Baru Bisa Menghasilkan Wild Buktikan Pola Wild Liar dan Scatter Hitam Kaya Setelah Main Mahjong Wild Pria Asal Nepal Obrak-Abarik Kantor DPR