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META BONUS PAYOUTS
CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...- RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
- A billion dollars each? While you work 9-to-5, these 6 Meta execs are in line for a billion-dollar AI paydayMeta plans huge AI growth and may reward six top executives with massive bonuses. The payouts depend on strong company performance and futu...
- Apple Pay’s India challenge; TCS hiring pushHappy Tuesday! Apple Pay faces pricing challenges as it works to launch in India. This and more in today’s ETtech Morning Dispatch.
- Meta offers $250 million retention bonus, but Musk poaches 14 AI stars with purpose — Zuckerberg left stunnedMeta vs xAI AI talent war: Elon Musk's xAI has reportedly poached at least 14 AI engineers from Meta this year, despite Meta's hefty retent...
- ‘Not well-suited to be the CEO of a public company’: OpenAI’s Sam AltmanOpenAI CEO Sam Altman ruled out an imminent IPO, saying he isn’t suited to lead a public company, despite trillion-dollar infrastructure am...
- OpenAI offers millions in bonuses to 1,000 employees amid AI talent warA quarterly bonus for two years was awarded to researchers and software engineers in the firm's applied engineering, scaling, and safety do...
- Rs 16,70,00,00,000: Think Trapit Bansal’s Rs 800 crore salary was high? Zuckerberg hires another techie with a whopping payMark Zuckerberg is aggressively hiring top AI talent to build Meta's Superintelligence Labs, aiming to compete with OpenAI, Google, and Ant...
- Ruoming Pang salary: Who is Apple’s top AI engineer, set to receive a $200 million paycheque to join Zuckerberg’s Meta team?Meta is offering huge pay packages to attract AI talent. Ruoming Pang from Apple received a deal worth over $200 million. This is for Meta'...
- ChatGPT to be closed as OpenAI bleeds talent to Meta? Here's what OpenAI Chief Research Officer Mark Chen revealsOpenAI will close for a full week to let its staff recover from intense 80-hour workweeks, Wired reports. The move aims to stop burnout and...
- GIC’s Groww stake; Trump bites Apple’s India plansSingapore’s sovereign wealth fund GIC has approached the Competition Commission of India (CCI) for approval to acquire a stake in Groww. Th...
- Meta tightens the belt as executive bonuses rise by 200% while employee stock grants shrink by 10%, claim reportsMeta has significantly increased bonuses for its executives by 75% to 200% while reducing stock grants for other employees by roughly 10%. ...
- Infy’s pre-hike bonus; Ex-OpenAI CTO’s startupInfosys awards an average 80% performance bonus for Q3, ahead of annual pay hikes by March-end, sources told ET. This and more in today’s E...
- Inside Ranjan Pai’s plan for his family office; the state of Silicon Valley amid AI frenzyManipal Group’s Ranjan Pai, who has been in the news for bailing out troubled startups such as Byju's and PharmEasy, is putting together a ...
- Microsoft’s GitHub fires almost half of India workforce; ad-based OTTs set to take offAfter announcing in February that it will reduce its workforce by 7%, Microsoft-owned code-sharing and publishing service GitHub laid off 4...
- Meta plans lower staff bonuses, additional performance review: WSJ reportEmployees of the social media giant, who get a rating of "met most expectations" in their 2023 year-end reviews, will receive a smaller per...
- Apple delays bonuses for some, limits hiring in latest cost-cutting effortThe shift will reduce the frequency of bonuses for a portion of Apple’s corporate workforce. Separately, the company is limiting hiring for...
- SC says no conclusive proof on Pegasus; IT firms juggle myriad issuesThe Supreme Court said while the panel found no conclusive evidence that Pegasus was used on the 29 phones it examined, the petitioners had...
- Instagram cutting Reels compensation, say creatorsAccording to global business daily, The Financial Times, creators' per-view payments have dropped by as much as 70%, and videos require mil...
- Apple aims to prevent defections to Meta with rare $180,000 bonuses for top talentApple is waging a talent war with companies in Silicon Valley and beyond, with Meta emerging as a particular threat. Meta has hired about 1...
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