Former Twitter employees sued the company for failing to pay promised severance payments totaling $500 million. After buying the social network, Elon Musk cut the company’s workforce more than five times, laying off 6,500 people.

Twitter sued for failing to pay $500 million in severance pay

Former Twitter employees have filed a class action lawsuit against the company for failing to pay them promised severance pay. The lawsuit reached the courts of San Francisco, writes Reuters.

The lawsuit accuses Twitter and its owner, Elon Musk, of violating employee benefit laws. Under Twitter’s pay plan, terminated employees must receive two months’ pay and one week’s pay for a full year of work, the lawsuit says.

However, Twitter paid the fired employees only a month’s salary and some employees received no benefits, the plaintiffs allege.

In the fall of 2022, Elon Musk bought the social network Twitter and announced a massive downsizing program. The number of employees of the company was reduced by more than five times, from 8 thousand to 1.5 thousand.

Author:

Kirill Bilyk

Source: RB

Previous articleActors on strike in Hollywood: everything you need to know
Next articleThey make the strong decision to filter a sex video of a couple on the Guayaquil cable car.
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here