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Meta Stock Has Soared Almost 50% Over A Year But Now The Company Is Slashing Staff Stock Awards As It Braces To Face OpenAI, Amazon And Others In AI Race
Friday, February 21, 2025 - 1:17am | 602Read More...Meta Platforms, Inc. (NASDAQ:META) is reportedly cutting stock-based compensation for employees as it pours billions in capex to compete with industry leaders like OpenAI, Alphabet, and Amazon. What Happened: Meta has reduced its annual equity-based awards by about 10% for most of its employees,...
