Meta raises executive bonuses by up to 200% after cutting 5% of its workforce

Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust A hot potato: Meta boss Mark Zuckerberg has described 2025 as "an intense year" as the company looks to streamline its business. Part of that involves laying off 5% of its workforce, close to 4,000 people. The company is also giving its executives more money, having just approved a plan giving them bigger bonuses – up to 200% of their base salary. According to an SEC filing submitted yesterday, Meta has approved an increase in the target bonus percentage for its annual bonus plan for executives. The new plan increases execs' bonus packages from 75% to 200% of their base pay. The filing states the Compensation, Nominating & Governance Committee of the Company's Board of Directors approved the plan on February 13. It determined that the target total cash compensation for Meta executives was at or below the "15th percentile of the target total cash compensation of executives holding simila ... Read full article.