Meta’s Latest Move: Bigger Executive Bonuses While Laying Off Workers
Corporate Greed at Its Finest Meta’s financial performance in 2024 was staggering—reporting a net income of $20.8 billion while maintaining a workforce of 74,067 employees by year’s end. And yet, despite these massive profits, Meta is laying off 5% of its workforce—around 3,703 employees—all while approving massive executive bonus increases that allow top executives to … Read more