Meta to pay more for Mark Zuckerberg’s personal security amid job losses
by Casper Hughes from Technology | The Guardian on (#68YH6)
Spend increases by 40% to $14m after dismissing 11,000 employees
Meta, the parent company of Facebook, has said in a filing that it is increasing its spend on the personal security of chief executive and co-founder Mark Zuckerberg by $4m (3.3m) to $14m, at a moment when the company has cut thousands of jobs in what Zuckerberg has called the year of efficiency".
Meta's board declared that the 40% increase was appropriate and necessary under the circumstances" and was in place to address safety concerns due to specific threats to his safety arising directly as a result of his position as Meta's founder, chairman, and CEO".
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