Elon Musk's social media platform X, formerly known as Twitter, has reached a tentative settlement in a $500 million class-action lawsuit filed by thousands of former employees. The lawsuit alleged that these employees were denied severance pay following a substantial workforce reduction after Musk's takeover of Twitter in 2022. Nearly 60% of Twitter's staff, approximately 6,000 employees, were laid off during this period, prompting claims that severance payments owed exceeded $500 million. The settlement aims to resolve allegations that the layoffs lacked the required notice and that severance pay was withheld. Details of the exact payouts have not been disclosed. This settlement comes after months of legal proceedings and reflects the consequences of the significant restructuring Musk implemented at Twitter.