Unlock the digestive of free editor
Roula Khalaf, the FT editor, chooses her favorite stories in this weekly newsletter.
Meta has reduced its annual distribution of stock options by about 10 percent to tens of thousands of staff, despite trading in the social media group at high record levels this month.
Yeardo year, flawed employees receive the so -called refreshing net capital, who form most of their reward, along with basic salaries and annual rewards. These stacks and “vests” every three months during four years, according to people familiar with this issue.
Most employees have been told they will receive about 10 percent less capital this year, some people said.
Accurate landing may vary depending on where employees are based and their level within the organization, according to a person familiar with the issue.
The company regulates the salary of net capital based on industry trends, but still aims to offer among the highest reward in local markets, the person added.
Meta refused to comment on the matter.
Rare haircut comes in spite of its shares that reach high record levels this month after a 20-long-longer winning belt in the record between Giants Magnificent Seven Tech. Meta shares are marketing at $ 695, with 16 percent annually to date, and nearly 50 percent higher over the past year.
Chief Executive Mark Zuckerberg said in a recent call of clothing that he intended for 2026 to be an “intense” year in which Meta would invest more in artificial intelligence to become the “leader of AI”.
Thousands of employees lost their work in Meta in 2023 in what Zuckerberg called “Efficiency Year”. Last week, the company trimmed 5 percent of its staff, aiming at those who considered the “lower performers”.
Critics said the mass would undermine the prospects of the work of those who were redundant and created a culture of fear.
Some employees were involved in blind, the anonymous employee messaging board, to discuss the changes, with a meme separation that suggests that the staff may need a union. Another employee told The Financial Times that they thought that, in combination with performance -related cuts, Meta was aiming for a high withdrawal in 2026 (and) 2027.
