Today: Dec 18, 2024

Former Twitter professionals sue Musk and X for greater than $128 million in severance

Former Twitter professionals sue Musk and X for greater than 8 million in severance
March 5, 2024



Musk and X Corp. had been “stiffing workers, landlords, distributors, and others” since they took over Twitter, the attorneys allege, an allusion to greater than 25 seller nonpayment complaints filed in opposition to the social media industry by way of corporations together with tool and repair suppliers and a landlord.”Musk does not pay his expenses, believes the principles do not practice to him, and makes use of his wealth and tool to run roughshod over any person who disagrees with him,” the criticism says.The criticism additionally alludes to feedback Musk made to his authentic biographer, Walter Isaacson, that “he would ‘hunt each and every unmarried considered one of’ Twitter’s executives and administrators ‘until the day they die.'”The ex-Twitter executives’ attorneys argue, “Those statements weren’t the mere rantings of a self-centered billionaire surrounded by way of enablers unwilling to confront him with the prison penalties of his personal possible choices. Musk bragged to Isaacson in particular how he deliberate to cheat Twitter’s executives out in their severance advantages as a way to save himself $200 million.”The swimsuit, Agrawal et al v. Musk et al, used to be filed in California’s Northern District and follows information that agreement talks between X Corp. and ex-Twitter managers broke down in a similar case in Delaware, Woodfield v. Twitter Inc., the place $500 million in unpaid severance to former Twitter managers and engineers is in dispute.Representatives for X Corp. and Elon Musk didn’t in an instant reply to CNBC’s request for remark.Learn the overall criticism under:

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