After Layoffs, Instagram Owner Hands Out Trillions in Bonuses
Jakarta, CNBC Indonesia - Top Meta executives are reportedly receiving bonuses amounting to nearly US$1 billion (Rp16.9 trillion). The report comes after the technology giant recently dismissed 700 employees.
The US$921 million (Rp15.5 trillion) is part of a new stock option plan for top executives. The bonuses will be granted if the bosses achieve growth targets, including reaching a value of US$9 trillion (Rp152 quadrillion) by 2031, as cited from the Daily Mail on Friday (27/3/2026).
Meta’s ambitious goal follows CEO Mark Zuckerberg’s emphasis on the company’s focus on AI. The company’s spending, reaching US$115 billion (Rp1,947 trillion), is largely allocated to AI.
Compensation research firm Equilar indicates that the incentives are likely to be received by Chief Technology Officer Andrew Bosworth, Chief Product Officer Chris Cox, and Chief Operating Officer Javier Olivan.
Meanwhile, the lowest stock options will go to Finance Chief Susan Li. She is reportedly set to receive US$161 million (Rp2.7 trillion).
The stock options will also be given to Dina Powell McCormick as president and vice chair, as well as Legal Chief Chris Mahoney.
“This is a big bet. The compensation package will not materialise unless Meta achieves major success in the future, which will benefit all shareholders,” a Meta spokesperson told The Times.
The Times also reported that all these leaders can purchase additional stock options as the company meets growth targets.
This bonus comes 14 years after Meta first rolled it out to executives in 2012.
Meanwhile, the latest layoffs reportedly target several teams, from Facebook, global operations, recruitment, sales to Reality Labs, the company’s virtual reality division.
According to sources, some employees were offered new roles within the company. However, the new positions require relocation.
“Teams across Meta routinely undergo restructuring or implement changes to ensure they are in the best position to achieve their goals. Where possible, we seek other opportunities for affected employees,” a Meta spokesperson said, as cited from CNBC International.