Elon Musk and his social media company X Corp have reached a tentative settlement to resolve a lawsuit filed by approximately 6,000 former Twitter employees. The lawsuit alleged that these employees were owed at least $500 million in severance pay following layoffs after Musk's acquisition of Twitter in 2022. The settlement agreement addresses the severance dispute stemming from the workforce reductions implemented under Musk's leadership. The resolution marks the end of a legal battle concerning the unpaid severance claims of the former Twitter staff.
New Youtube video was posted - Musk’s X Corp Agrees to Pay $500 Million in Severance Dispute https://t.co/4IjEWA5X3b #teamspace
JUST PUBLISHED: Elon Musk, X Settle Lawsuit with Former Twitter Employees. READ MORE: https://t.co/ZVP7PtqL46 https://t.co/ZVP7PtqL46
NEW @thenatpulse: Elon Musk, X Settle Lawsuit with Former Twitter Employees. PULSE POINTS ❓WHAT HAPPENED: Elon Mus...... READ ON: https://t.co/tiiXeR2ZNK