Meta approves bonuses of up to 200% for company execs as it lays off workers
Published On Feb 21, 2025, 1:35 PM
Meta has announced a significant increase in executive bonuses, raising the target from 75% to 200% of salary for non-CEO executives. This move comes after the company has indicated plans to cut around 5% of its workforce based on performance reviews. The increased bonuses align with Meta’s goal to improve its competitive position in executive compensation compared to peer companies. While this is viewed as a move to retain and motivate key executives, it follows a strategy of performance-based job cuts by CEO Mark Zuckerberg, signaling a mixed message about employee retention amidst restructuring efforts.
Stock Forecasts
META
Positive
Meta Platforms is increasing the financial incentives for its executives, which may be seen positively by investors as a signal that the company is serious about enhancing performance and competitiveness in the marketplace. However, the simultaneous layoffs suggest a tightening of operational efficiencies, which could have a mixed reception among investors who prefer stability over volatility. Given the company's previous gains in stock price this year, the overall outlook remains cautiously positive if performance metrics improve as promised.
Related News
Stock market today: S&P 500, Dow, Nasdaq futures drift higher after benchmark sets fresh record
Feb 18, 2025, 8:14 PM
Stocks followed on from the S&P 500s record close with consistent gains in after-market movement.
Stock market today: S&P 500 notches record close with late-session leap
Feb 18, 2025, 4:06 PM
Stocks tipped higher to start a holiday-shortened week of trading highlighted by Fed minutes and Walmart earnings.
1 sector that stands to gain under the Trump administration — and 2 that could lose
Feb 17, 2025, 7:37 PM
Tech appears poised to benefit from Trump 2.0, according to Investopedia editor in chief Caleb Silver. However, these two sectors may not be so lucky.