Report: Apple hands out $180,000 bonuses to keep top engineers from going to Meta

CUPERTINO, Calif. -- Apple is reportedly handing out gigantic bonuses to some engineers in hopes of keeping them from leaving for other tech companies.

According to Bloomberg, some high-value engineers are getting big stock bonuses ranging from $50,000 to $180,000.

Apple is trying to keep those engineers from going to other companies, namely Facebook's parent company, Meta.

The Cupertino company did not comment on the program.

Menlo Park-based Meta has poached 100 engineers from Apple these past few months and Apple has done the same, hiring away key Meta employees too.

Copyright © 2022 KGO-TV. All Rights Reserved.