Meta Platforms Cuts Stock Options for Employees Amid Record Highs

-

Significant Reductions in Equity Refreshers Raise Employee Concerns / Reuters


Meta Platforms, the parent company of Facebook, has announced a notable reduction in its annual distribution of stock options, cutting back approximately 10% for tens of thousands of employees. This decision comes despite the company's shares recently reaching record highs. The adjustments to employee equity refreshers, which form a crucial part of overall compensation alongside base salaries and annual bonuses, are set to vary based on employees' locations and levels within the organization.

Typically, these equity refreshers vest every three months over a four-year period, playing a significant role in retaining talent within the company. However, many employees have been informed that their equity compensation will be reduced by about 10% this year. This shift has sparked discussions among staff about potential unionization as fears of job security and high attrition rates loom.

This reduction coincides with CEO Mark Zuckerberg's ambitious plans for significant investment in artificial intelligence, projected to reach as much as $65 billion in 2026. The company has also faced scrutiny following substantial layoffs in 2023, which targeted low performers. Zuckerberg has emphasized the need to "raise the bar" on performance management, indicating that further job cuts may be on the horizon.

The changes come at a time when Meta's stock has been performing strongly, particularly since January 17, following the U.S. Supreme Court's decision to uphold a law banning TikTok. This favorable market condition has provided a contrast to the company's internal challenges, including employee morale and job security concerns.

While Meta's shares experienced a slight decline of 1.3% on Thursday, the company had previously surpassed Wall Street expectations for fourth-quarter revenue. Nonetheless, it has cautioned that first-quarter sales may fall short of estimates, creating mixed signals about the efficacy of its investments in costly artificial intelligence tools.

As Meta seeks to maintain its status as one of the highest-paying employers in local markets, this adjustment in stock options raises questions about the future of employee compensation and retention strategies amid a rapidly changing corporate landscape. The response from employees regarding these changes will be crucial as Meta navigates these complex issues while pursuing its goals in the evolving tech industry.

댓글

댓글 쓰기

이 블로그의 인기 게시물

조세호 꽃놀이패 햄버거 논란

-
이미지
조세호 꽃놀이패 햄버거 2016년에 네이버 V앱을 통해 공개된 예능 프로그램 꽃놀이패에서 방탄소년단 정국을 대하는 태도에 논란이 일어났다. 정국 팀이 늦게 왔다는 이유로 사전에 없던 벌칙을 생성하여 정국과 서장훈 등을 바닥에 앉히는 모습이 생방송을 통해 방영되었는데, 갑작스러운 벌칙 탓에 서장훈은 "우리 이런 얘기는 없지 않았어요?", "방송을 생각한다면 정국이 저기다 앉혀놓고, 당신들 3명만 나와가지고 이 방송이 정규가 되겠습니까?"라며 불편한 심기를 드러냈다. 이어서 정국이 사비로 수제 햄버거와 음료수를 사왔음에도 조세호는 "먹다 버린 것 같다"며 햄버거를 완강하게 거부하는 모습이 드러났다. 이에 정국은 카메라를 향해 "안 받았어..." 라며 크게 당황한다. 안정환과 서장훈은 "너희를 위해 햄버거를 사왔는데... 너무하다., 안 먹을 거야?" 라며 재차 햄버거를 권했지만 조세호는 묵묵부답으로 응했다. 또한, 꽃길과 흙길 팀장을 정하는 방법으로 V앱 방송에 찍힌 하트 수가 경쟁을 붙었는데, 하트 수가 많으면 꽃길 팀장, 적게 나오면 흙길 팀장으로 결정되기에 인기와 화력이 중요한 요소가 되었다. 아이돌 팬덤 특성 상 정국의 하트 수가 많이 나오게 될 것이 보이자 조세호는 "솔직히 말하지만 정국이가 대세 인정합니다만 이 프로그램은 공정해야 하지 않습니까? 우리가 너무 정국이 눈치 보는데 너 몇살이야? 차렷!"이라며 정국에게 군기를 잡는 모습이 드러난다. 서장훈은 "이렇게 정색하고 어린 아이 겁주고 방송 분량을 욕심을 내고 이런 친구가 함께 하는 게 좋겠습니까 여러분?"이라며 조세호의 태도를 완곡하게 지적하지만 기가 죽은 정국은 시청자들에게 입모양으로 자신을 뽑지 말라며 손으로 X를 그리기까지 한다. 방송 직후 방탄소년단 팬덤에서 조세호의 태도를 비난했으나 조세호는 "친해지려고 한 것"이라고 해명한 것에 그쳤다. 이 사건 ...
Read more »

Hedge Funds Mark Biggest Net Buying in Three Years

-
이미지
Hedge Funds Shift Strategy After Five Weeks of Selling, Focusing on Software and Semiconductor Stocks / EPA Hedge funds have emerged as major buyers in the U.S. stock market after five consecutive weeks of net selling, marking their largest net buying activity in three years. This shift comes on the heels of stronger-than-expected corporate earnings reports from U.S. companies, which have significantly influenced market sentiment. According to Goldman Sachs Group’s latest prime brokerage report, hedge funds reversed their selling streak, making their fastest net purchases since November. This surge in buying activity, the largest since December 2021, underscores a renewed confidence among hedge fund managers, particularly in the information technology sector. The report highlights that hedge fund purchases were heavily concentrated in software and semiconductor stocks, sectors that have shown resilience amid broader market uncertainties. This strategic pivot suggests that hedge funds...
Read more »

Asteroid 2024 YR4: Potential Impact Could Cause Catastrophic Consequences

-
이미지
Exploring the Devastating Impact of Asteroid 2024 YR4 on Earth and the Moon Asteroid 2024 YR4 has recently attracted global attention due to its potential collision with Earth in 2032, despite the low probability of such an event. Discovered by NASA’s Center for Near-Earth Object Studies (CNEOS) in December 2024, the asteroid has sparked considerable concern, as scientists assess its possible trajectory and impact risks. The asteroid, identified as '2024 YR4', is roughly 55 meters in diameter, comparable in size to the Leaning Tower of Pisa. Although the initial probability of a collision was estimated at 1.3%, recent studies have increased the likelihood to approximately 2.1%, or about a 1 in 48 chance. This raises questions about the potential global impact should the asteroid indeed strike Earth. In a dramatic 3D animation produced by a Spanish visual artist, the potential consequences of such a collision were vividly depicted. The simulation shows a massive asteroid desce...
Read more »