“The Facebook giant revealed in a government filing that its Compensation, Nominating and Governance Committee (CNGC) approved a target annual bonus increase for its top executive officers bar CEO Mark Zuckerberg.”
Meta laid off about 3,700 people, cut most staff stock options, and raised executive bonus targets from 75% to 200% of salary. Net income rose 59% to $62 billion. The filing says the executives were underpaid next to their peers.