Meta's 'Rapture' could send wealthy employees into early retirement

Resumen detallado

A lucrative batch of Meta stock awards ends in February 2027. Some employees may have made enough from the rally to retire early.

There's a date looming at Meta that some employees are calling "The Rapture." And it could trigger an exodus of wealthy tech workers. February 15, 2027, marks the final payout from a particularly lucrative batch of company shares awarded to employees in 2023, when Meta's stock price was in the doldrums. Meta's stock has soared more than 400% since the beginning of 2023. That stock surge has turned those awards into a gold mine. Andre Nader, a former Meta employee who writes the FAANG FIRE newsletter, estimates senior engineers could see annual compensation from stock awards plunge more than 40%, after these payouts end. That's a serious pay cut. But there's a delicious twist.

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