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Most Meta staff to get 5% less in equity rewards as Zuckerberg cuts costs for AI spending, FT reports

Reuters
02/20
Most <a href="https://laohu8.com/S/META">Meta</a> staff to get 5% less in equity rewards as Zuckerberg cuts costs for AI spending, FT reports

Feb 19 (Reuters) - Meta META.O reduced its annual distribution of stock options by about 5% for most of its staff, as chief executive Mark Zuckerberg ploughs billions of dollars into artificial intelligence build out, the Financial Times reported on Thursday.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Alan Barona)

((Jaspreet.Singh@thomsonreuters.com; on X @i_jass))

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