Meta executives are set to receive 200% performance bonuses in light of mass firings:

On Thursday, Meta, whose parent company owns Facebook, WhatsApp, and Instagram, approved a plan giving its executives up to 200% performance bonuses for the 2025 annual performance period. This decision comes just one week after the company slashed about 3,600 employees, or 5% of its workforce. The raise-incentive bonus, with the exception of CEO Mark Zuckerberg, aims to place Meta's executive compensation at the 50th percentile of its peer companies. Meanwhile, Meta implements "performance removals," against the lowest-performing 5% of its workforce globally. This has brought criticism, calling into question the firm's agenda when it comes to layoffs and restructuring. 

 

Sources: CNBC, TalkMarkets, The HR Digest