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Articles for tag: compensation packages, Deposit sec, doubles, engineer, Executive bonuses, executives, layoffs, Mark Zuckerberg, Meta, postpone, Redundancies, restructuring of the company, Salary, technological executives, wage bonus

February 22, 2025

News Desk

Meta Doubles executives in 200% of salary after recent layoffs

Listen to the article Meta has announced that it will more than double the rate of target bonus for its top 200% of their basic salaries, a move that comes just a week after 5% of its company’s departure. In a deposition with the Securities and Exchange Commission (SEC) on Thursday, Meta said it had approved an increase in the bonus targets for its executives. The new bonus structure will see executives receive up to 200% of their basic salaries, a significant increase from the previous target of 75% in 2023 and 2024. The company explained that this change in

March 23, 2024

News Desk

My family thought I should be an engineer: Ali Azmat

Although Ali Azmat, the man synonymous with Pakistani rock music after his epic hit with Junoon, may be famous today, he revealed in an interview that, apart from his parents, no one in his extended family ever thought he would could make it as a musician, or indeed that singing was a passion worth pursuing. “Everyone thought I should be doing something else,” the singer said in an appearance on Shan e Suhoor. “As a radio-television engineer. None of them ever understood why one should sing and dance – professionally.’ Fortunately for Junoon’s horde of fans up and down the

December 28, 2023

News Desk

Tesla robot attacks engineer at Giga Texas factory raising safety concerns

Robot sinks metal claws into worker’s back and arm, leaving an ‘open wound’ on his left arm A general view of the giant Tesla factory in Austin, Texas, U.S., February 28, 2023. — Reuters Witnesses were left horrified when a Tesla engineer was fatally struck by a robot during a “violent” malfunction at the Giga Texas factory in Austin. Daily Mail mentionted. The robot, which was designed to grasp and move newly cast aluminum vehicle parts, sank its metal claws into the worker’s back and arm as the mechanic nailed two disabled Tesla robots, leaving a ‘trail of blood’ on

December 27, 2023

News Desk

Tesla engineer fatally attacked by rogue robot in ‘brutal’ malfunction

The robot sank its metal claws into the worker’s back and arm, leaving a ‘trail of blood’ on the factory floor As the Tesla engineer struggled to free himself from the robot’s grip, eyewitnesses saw another worker hit an emergency “stop” button.—Youtube@Tesla In a chilling incident at the Tesla Giga factory in Texas near Austin, a Tesla engineer met a tragic fate when a malfunction turned a robot into a violent attacker. According Daily Mailengineer nailed two disabled Tesla robots when one meant to grip and move aluminum parts turned hostile, sinking its metal claws into the worker’s back and

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