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Meta is considering ceasing funding to the oversight committee after 2028.
Ask AI · What potential impact do funding changes have on the independence of the Supervisory Committee?
According to reports, Meta has informed its independent supervisory committee members that the company may cease funding the committee after 2028.
Meta has previously significantly cut the committee’s funding for this year and stated that further cuts will be made in 2027 and 2028. It is reported that both parties are currently negotiating a compromise plan aimed at allowing the committee to continue operating in some form.