Meta’s leading executives may be eligible for significant bonuses in the upcoming years, despite the company taking drastic steps to downsize its workforce in preparation for a tough period, as mentioned by CEO Mark Zuckerberg.
A recent submission to the Securities and Exchange Commission (SEC) shows that Meta is looking to implement a **new target bonus framework**, which could allow certain executives to earn bonuses of up to **200 percent of their base salary**—a notable rise from the former 75 percent limit. Nonetheless, Zuckerberg is excluded from this revised bonus initiative.
In parallel, Meta has **reduced employee stock options by 10 percent**, according to *Business Insider*, following an increase in the company’s market valuation.
On February 10, Meta circulated an internal memo notifying employees of the impending layoffs of “low-performing” personnel. This action is part of a comprehensive **5 percent workforce cut** affecting teams in the U.S., Europe, and Asia, potentially impacting as many as **4,000 employees**. A previously leaked memo from Zuckerberg outlined these reductions as efforts to boost efficiency in anticipation of what he termed an “intense year” for the organization. Simultaneously, Meta has been **intensifying its commitment to generative AI**, augmenting the workforce dedicated to that field.
In the aftermath of the layoffs, many of those impacted turned to LinkedIn to express their experiences and **challenge Meta’s “low-performing” designation**, utilizing the platform’s #OpenToWork tag to showcase their credentials. Last year, during even more extensive workforce cuts, Meta employees similarly aired their grievances on platforms like TikTok, denouncing the company’s alleged “efficiency” initiatives.