Meta Slashes Employee Equity For Second Year As Mark Zuckerberg-Led Tech Giant Gears Up To Fund Mega $135 Billion 'Superintelligence' Infrastructure - Meta Platforms (NASDAQ:META)
Meta Platforms Inc. (NASDAQ:META) has reduced annual stock awards for the majority of its workforce by approximately 5%, marking the second consecutive year of equity cuts as the company reallocates billions toward Artificial Intelligence.Funding The AI Arms RaceThe move of slashing stock awards comes as CEO Mark Zuckerberg prepares for a massive infrastructure expansion, with 2026 capital expenditure projected to reach a record-high range of $115 billion to $135 billion.The reduction in employee compensati ...