Elon Musk’s X May Finally Settle $500m Severance Lawsuit

More than 2 years aft leaving nan company, immoderate erstwhile Twitter labor whitethorn yet person their severance pay. Elon Musk’s X is tentatively settling a people action suit revenge by workers who were fto spell soon aft he purchased Twitter.

This news comes successful nan shape of a court filing wherever some parties asked nan tribunal to hold an upcoming proceeding truthful that they could activity retired a deal.

After buying Twitter successful 2022, Musk laid disconnected complete 6,000 Twitter employees, reducing nan company’s headcount by astir 80%. While Musk offered 3 months’ severance, nan suit claims that galore erstwhile labor didn’t person complete payments, while immoderate didn’t person immoderate costs astatine all.

The suit besides alleges that Musk’s connection of 3 months’ severance was little than what labor expected from a Twitter severance scheme that had been successful spot since 2019, which would person guaranteed elder labor severance of up to six months’ guidelines pay, positive 1 week of salary per twelvemonth of service.

But successful July, a U.S. District Judge successful San Francisco ruled that Musk did not person to grant nan severance agreements that these labor had entered pinch Twitter. The plaintiffs appealed nan ruling, however, and nan parties were group to participate oral arguments successful a tribunal of appeals adjacent period earlier requesting that nan proceeding beryllium delayed.