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After job cuts, Facebook owner Meta planning lower bonus payouts for some employees: Report

Meta has so far slashed over 20,000 jobs to cut costs as demand has slumped amid fears of recession. On March 14, the tech major announced that it would cut 10,000 jobs this year in a second round of layoffs. ....

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Meta Could Be Lowering Bonuses for Some Employees

Meta's employees could get lower bonuses in 2023. Meta employees might soon find their bonus payouts a bit lower than expected. Facebook's parent company recently released an internal memo stating it is planning to lower some bonus payouts while also making employee performance assessments more frequent. ....

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