Meta to hike executive bonuses while cutting 3,600 jobs; eyes India expansion

Meta job cuts and India expansion have become major topics of discussion as the company announces significant structural changes. Meta job cuts continue as the company lays off 3,600 employees, representing 5% of its global workforce. Meanwhile, Meta’s India expansion remains a key focus, with investments in digital infrastructure and partnerships.

Meta’s Executive Bonus Hike

As per the new plan, Meta’s top executives could receive bonuses of up to 200% of their base salary, a significant jump from the previous 75%, as reported by CNBC. However, Meta CEO Mark Zuckerberg is not included in this new bonus plan. The company states that these changes aim to align executive compensation with performance and shareholder value.

The move has sparked criticism, as it follows mass layoffs affecting thousands of employees. Many have questioned the fairness of increasing executive compensation while cutting jobs, especially in an economic climate where tech companies continue to struggle with cost-cutting measures.

Meta Job Cuts and India Expansion: Workforce and Business Strategy

Meta’s recent layoffs are part of a broader restructuring effort that started in 2023. The company has already eliminated thousands of positions in multiple rounds of job cuts. These layoffs are aimed at optimizing costs and increasing profitability as Meta shifts its focus toward artificial intelligence, virtual reality, and the metaverse.

At the same time, Meta job cuts and India expansion remain key strategic moves, as the company is expanding its presence in India, one of its largest markets. The company is looking to invest in digital infrastructure and partnerships with Indian businesses to drive user growth and revenue.

Conclusion

Meta’s decision to boost executive bonuses while laying off employees has raised concerns among critics. With further job cuts expected, the company’s future strategy and workforce management remain under close scrutiny.