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Zuckerberg Slashes Costs to Fund AI, Equity Awards for Tens of Thousands of Meta Employees Reduced Again
20 hour ago /
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Author：小编
On February 20, the Financial Times reported that Meta has cut equity awards for most of its employees for the second consecutive year, with a reduction of about 5% this year, affecting tens of thousands of employees, following a 10% cut last year. The move aims to free up funds for CEO Zuckerberg's AI initiatives, with the company projecting capital expenditures to reach $115 billion to $135 billion by 2026 for recruiting top AI talent and building data centers.
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