Most Meta staff to get 5% less in equity rewards as Zuckerberg cuts costs for AI spending, FT reports

Feb 19 (Reuters) - Meta reduced ‌its ‌annual distribution of ​stock options by about 5% ‌for ⁠most of its ⁠staff, as ​chief ​executive Mark ​Zuckerberg ‌ploughs billions of dollars into artificial intelligence ‌build ​out, ​the ​Financial ‌Times reported on ​Thursday.

(Reporting ​by Jaspreet Singh ​in ‌Bengaluru; Editing ​by Alan ​Barona)