Elon Musk's X Settles $500 Million Lawsuit with Former Twitter Employees
TL;DR
Elon Musk's social media company X has reached a tentative settlement with former Twitter employees who sued over wrongful termination and severance pay, involving around 6,000 staff members laid off after Musk's takeover in 2022. The details of the settlement are not yet public, pending court approval, but the lawsuit claims employees were denied proper severance benefits, with some receiving only one month or nothing at all.
- Elon Musk and X reach settlement with axed Twitter workers BBC
- Musk, X Corp to settle $500-million lawsuit over Twitter firings Yahoo Finance
- Musk set to pay $500 million to 6,000 workers fired without severance after his Twitter takeover The Independent
- Elon Musk’s X Reaches Agreement to Settle Lawsuit with Former Twitter Employees TipRanks
- Musk's X reaches tentative settlement with former Twitter workers in $500 million lawsuit ABC News
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