Meta, the parent company of Facebook and Instagram, announced that it approved a change to its bonus policy for executives other than the CEO that will raise payouts from 75% to 200%.
Ultimately, corporations have, and always will be, profit-driven amoral entities, regardless of any corporate spin about having the best interests of civic society at heart.
The company’s executives could now earn a bonus representing 200% of their base salary, up from 75%, according to the filing.
Executives at Meta have been approved for targeted bonuses up to 200% of their salary, the company revealed in filings on ...
The independent oversight board, which is responsible for evaluating Meta’s content policies, was not consulted before the ...