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    Home»Tools»Elon Musk’s X may finally settle $500M severance lawsuit
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    Elon Musk’s X may finally settle $500M severance lawsuit

    onlyplanz_80y6mtBy onlyplanz_80y6mtAugust 21, 2025No Comments2 Mins Read
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    Elon Musk's X may finally settle $500M severance lawsuit
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    Greater than two years after leaving the corporate, some former Twitter workers could lastly obtain their severance pay. Elon Musk’s X is tentatively settling a category motion lawsuit filed by staff who had been let go quickly after he bought Twitter.

    This information comes within the type of a court docket submitting the place each events requested the court docket to delay an upcoming listening to in order that they might work out a deal.

    After shopping for Twitter in 2022, Musk laid off over 6,000 Twitter workers, lowering the corporate’s headcount by round 80%. Whereas Musk provided three months’ severance, the lawsuit claims that many former workers didn’t obtain full funds, whereas some didn’t obtain any cost in any respect.

    The lawsuit additionally alleges that Musk’s provide of three months’ severance was decrease than what workers anticipated from a Twitter severance plan that had been in place since 2019, which might have assured senior workers severance of as much as six months’ base pay, plus one week of pay per 12 months of service.

    However in July, a U.S. District Choose in San Francisco dominated that Musk didn’t must honor the severance agreements that these workers had entered with Twitter. The plaintiffs appealed the ruling, nonetheless, and the events had been set to enter oral arguments in a court docket of appeals subsequent month earlier than requesting that the listening to be delayed.

    500m Elon finally Lawsuit Musks settle Severance
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