Meta tightens the belt as executive bonuses rise by 200% while employee stock grants shrink by 10%, claim reports

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Meta has significantly increased bonuses for its executives by 75% to 200% while reducing stock grants for other employees by roughly 10%. This decision comes as the tech industry faces layoffs, with Meta CEO Mark Zuckerberg announcing plans to cut 3,600 jobs. The move aims to align executive compensation with industry standards.