Meta is reducing staff stock awards while simultaneously increasing investments in artificial intelligence initiatives. The strategic shift reflects the company's prioritization of AI development over employee compensation packages.
Meta has increased target annual bonuses for top executives from 75% to 200% of base salary, effective 2025, while simultaneously conducting mass layoffs of 3,700 employees and reducing stock options for remaining staff by 10%. The company reported a 59% year-over-year increase in net income to $62.36 billion and plans massive AI investments, with Zuckerberg announcing $60 billion in AI infrastructure expansion.