Meta sees ‘accelerated’ employee compensation growth, CFO says

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Meta’s employee compensation costs grew at an accelerated pace in the third quarter, driven by “technical” hires, particularly artificial intelligence talent, CFO Susan Li said Wednesday. The tech behemoth ended Q3 with over 78,400 employees, up 8% year-over-year, driven by factors such as “hiring in priority areas of monetization,” Li said during an earnings ...