Highly Competitive Salaries and Layoffs: Inside Meta’s Work Environment

Employees at Meta Earn a Median Salary of $379,000 Annually

A recent filing by Meta revealed that the median employee at the company earned over $379,000 in 2023. This figure stands out as significantly higher than many tech jobs, despite being slightly lower than competitors like Google and Amazon. However, it’s important to note that CEO Mark Zuckerberg’s total compensation in 2023 was $24.4 million, primarily due to security and logistical costs. Despite these competitive salaries and earnings, the work environment at Meta remains challenging as the company continues to focus on maximizing productivity through performance reviews and ongoing layoffs. Since 2022, Meta has reduced its staff by 22%, with plans for further cuts. The recent quarterly earnings call showed positive results, but investor concerns arose due to plans to invest additional billions in AI technology.

Leave a Reply