Bay Area tech giant Meta raises executive pay after laying off thousands of workers
At Meta this month, top execs and rank-and-file staff have been on wildly different rides. First, the Menlo Park company started laying off thousands of workers, with CEO Mark Zuckerberg framing the 5 ...
StanChart CEO Pay Jumps 46% as Total Bonus Pool Increases
Standard Chartered Plc Chief Executive Officer Bill Winters saw his total pay package jump 46% in 2024 as he announced a ...
Meta approves bonuses of up to 200% of company executives’ salaries a week after laying off 3,600 employees
The bonus increase comes just one week after Meta laid off around 5% of its workforce, around 3,600 employees. The cuts were ...
Meta approves bonuses of up to 200% of company executives' salaries as it trims stock awards for employees
Meta approved a plan to increase bonuses for company executives to up to 200% of their base pay amid layoffs targeting about ...
Cameo is giving workers a $10,000 raise to return to the office
Cameo's CEO Steven Galanis told BI that giving workers a $10,000 raise and other perks to return to the office immediately paid off for the company.