Meta has increased the security allowance given to Chief Executive and co-founder Mark Zuckerberg and his family by $4 million to $14 million.
Facebook owner mass layoffs‘This increased allowance, together with the costs of Zuckerberg’s existing overall security program, are appropriate and necessary under the circumstances,’ Meta said in a filing.across Facebook and Instagram and slashed spending plans for a period that Zuckerberg has called the ‘Year of Efficiency’.
Meta employees being laid off in the US received 16 weeks of base pay plus two additional weeks for every year of service, with no cap.
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