Meta Platforms, on February 15, announced that it had increased by $4 million to a total of $14 million the security allowance offered to Chief Executive Mark Zuckerberg and his family.
Also Read: Another round of Meta layoffs soon?
Also Read: Facebook’s Zuckerberg could soon face the threat of prison The job cuts are anticipated to save $1.5 billion, or just 1 point of operating margin, despite the fact that the company continues operations with 13% fewer employees.
Apple CEO Tim Cook incurred security costs of $630,630 and travel costs of $712,488 totaling $1,030,630.
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Source - Mint