LilMikeSFFeb 21, 2025

#PayCuts for #Poors as #SiliconValley #MoneyFlowsUp

After cutting thousands of jobs, #Zuggerfugger board approves raising exec bonuses to 200% of #Meta base salary, (up from 75%), while regular #Facebook staff annual stock options are cut.

https://www.cnbc.com/2025/02/20/meta-approves-plan-for-bigger-executives-bonuses-following-5percent-layoffs.html deets link via Jonathan Vanian at #CNBC

Meta approves plan for bigger executive bonuses following 5% layoffs

Meta's executive officers could earn a bonus of 200% of their base salary under the company's new executive bonus plan, up from the 75% they earned previously.

CNBC