APPLE VS. META
Apple is offering large bonuses to employees in an attempt to retain talent from rivals such as Meta, the parent company of Facebook, Bloomberg News reported.
The reported bonuses range from approximately $50,000 to as much as $180,000, according to Bloomberg. Many company engineers have received sums in the amount of roughly $80,000, $100,000, or $120,000 in shares, sources told the outlet.
Apple informed some engineers in the silicon design, hardware and select software and operations groups last week that they will receive the bonuses, which are being issued as restricted stock units.