Musk refused to pay out severance, claiming misconduct. The four former Twitter execs denied Musk's claims.
Four former Twitter executives who were denied severance pay by Elon Musk have reached a settlement with X. Credit: Beata Zawrzel/NurPhoto via Getty Images
Elon Musk's social media platform X has settled a $128 million lawsuit with four former Twitter executives over their promised severance package.
On Wednesday, Musk's X settled
The terms of the settlement have not been disclosed.
The four former executives were all immediately fired by Musk after he acquired the company in October 2022. They filed the lawsuit
Musk refused to payout the executives after firing them, accusing them of misconduct. The four claimed the misconduct charges were false and Musk had fired them in retaliation for Twitter's lawsuit forcing Musk to buy the company after he tried to back out from his initial April 2022 offer.
"Because Musk decided he didn’t want to pay Plaintiffs’ severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," the complaint read. "He claimed in his termination letters that each Plaintiff committed 'gross negligence' and 'willful misconduct' without citing a single fact in support of this claim."
The lawsuit also included details from Musk's authorized biography where he was quoted as saying he would "hunt every single one of" the former Twitter executives "till the day they die."
Earlier this year, Musk's X also settled
Topics Social Media X/Twitter Elon Musk
Twitter wasn't making any money prior to Musk buying it. If that wasn't executive performance issue, I don't know what is. lol
ReplyDeleteHmm. It seems that prolonging this final decision...was inevitable. We all knew this.
ReplyDeleteWow, that equates to $32 million each. Talk about overpaid executives.
ReplyDeleteMusk is the scum of the earth and represents everything wrong with Amercai
ReplyDeletelol for musk that's like what paying a parking ticket
ReplyDeleteParag was a 100% BJP plant to sniff Dorsey's moist empty chair in the Twitter conference room. That's why no one knew him before and no one knows what he is up to after~
ReplyDeleteSo i just checked that California is at will so how did this even make it to court.
ReplyDeleteThey should have filed for unemployment LOL. They were fired I would not have paid them a nickel or maybe a nickel but no more.
ReplyDeleteWhy are these former employees still roaming free?
ReplyDeleteif california is an "at will" employment state this would be wild
ReplyDeleteIt's concerning to see how Musk has treated these former executives, especially given the high profile of the case and the large amount of unpaid severance. It's a relief to see that the settlement has been reached and hopefully it brings closure to all parties involved.
ReplyDelete