This is big news when the Facebook employees we are referring to starting salary is 120k a year and the median employee is 240k a year. [Note many people who work for facebook are some form of contract employees and thus do not make this, but it was also not a contract employee who recorded this conversation for they do not get to sit down with Mark in these weekly meetings.]

Even if you are not happy with everything about Facebook that income level often prevents this type of behavior for the incentives of company and worker align generally. And it is a big deal for this was a new thing, not a thing that never happens, but also not a thing that happens often that it becomes the new normal.

You spelled ethical wrong.