Fri, 22 Aug 2025
Ex-Twitter staff sued the platform after some 6,000 employees were sacked in 2022.
* Billionaire Elon Musk and his company X have reached a tentative settlement with former employees who sued for $500m in severance pay
* 6,000 staff were sacked as part of a cost-cutting measure after Musk took over the company in 2022
* The lawsuit claimed that workers were wrongly denied benefits under the company's severance plan and only received at most one month's worth of pay
* Details of the agreement are not yet public and will require court approval
* The settlement was reported in a joint court filing by both sides, requesting a postponement of an upcoming hearing to allow time to settle paperwork.
>>
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025