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Mettisglobal
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Meta reduces employee stock options by 10%
- Meta Platforms has cut back on its yearly distribution of stock options by about 10% for tens of thousands of employees.
- Employees receive equity refreshers every year that make up the majority of their remuneration.
- Most employees have been told they would receive about 10% less equity this year.
- Meta has approved an increase in target bonus for executive officers to 200% of base salary.
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