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Meta Cuts Staff Stock Awards for Second Consecutive Year Amid AI Spending Push

Meta has reduced employee equity awards for the second year in a row as Mark Zuckerberg prioritizes cost-cutting to fund substantial AI investments.

19 Feb, 22:43 — 19 Feb, 22:43
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FTVery High49d ago

Meta cuts staff stock awards for a second straight year

Most employees will receive 5% less in equity rewards as Mark Zuckerberg slashes costs to fund huge AI spending

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