Network Security Internet Technology Development Database Servers Mobile Phone Android Software Apple Software Computer Software News IT Information

In addition to Weibo, there is also WeChat

Please pay attention

WeChat public account

Shulou

Meta CEO Zuckerberg laid off staff in pursuit of "efficiency", but personal security premiums rose to $1400

2025-01-30 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

Share

Shulou(Shulou.com)11/24 Report--

Facebook founder Mark Mark Zuckerberg has laid off 11000 people to cut costs and announced that 2023 will be the company's "year of efficiency", Beijing time, February 16. However, he does not seem to lead by example, and personal security premiums have risen to nearly 100 million yuan.

Zuckerberg's pre-tax allowance for security expenses has just increased from $10 million to $1400 this year, according to filings disclosed by the Securities and Exchange Commission (SEC). Last week, the board of Meta, Facebook's parent company, approved the 40 per cent increase.

Zuckerberg's security allowance was last increased in 2018. Meta's board said the decision was made because of "Zuckerberg's status and his importance to Meta" and his annual salary of only $1. But as Facebook's founder and controlling holder, Zuckerberg's net worth is estimated at about $64 billion (currently about 438.4 billion yuan).

Even with an increase in security allowances, Zuckerberg is likely to spend well over $14 million on security this year. According to the latest information disclosed by Meta, Zuckerberg's total security cost exceeded $23 million in 2020 and more than $25 million in 2021. However, according to Meta's financial disclosure, the difference between the security allowance approved by the board and the total security cost is also paid by the company and is regarded as "other compensation".

Leaders of large companies often travel with private bodyguards because they and their families may be threatened or followed by paparazzi and fanatical fans. Jeff Bezos, Marc Benioff, Larry Ellison, Elon Musk and other prominent founders and executives all let the company bear their multimillion-dollar security costs. However, Zuckerberg's security premiums are the highest.

Not long ago, Zuckerberg announced that 2023 would be the "year of efficiency" for Meta. In order to cut costs, the company streamlined its project and organizational structure. According to media reports, Meta is expected to make a new round of layoffs in the coming weeks.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.

Views: 0

*The comments in the above article only represent the author's personal views and do not represent the views and positions of this website. If you have more insights, please feel free to contribute and share.

Share To

IT Information

Wechat

© 2024 shulou.com SLNews company. All rights reserved.

12
Report