Greater than two years after leaving the corporate, some former Twitter staff might 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 filing the place each events requested the court docket to delay an upcoming listening to in order that they may work out a deal.
After shopping for Twitter in 2022, Musk laid off over 6,000 Twitter staff, lowering the corporate’s headcount by round 80%. Whereas Musk supplied three months’ severance, the lawsuit claims that many former staff didn’t obtain full funds, whereas some didn’t obtain any fee in any respect.
The lawsuit additionally alleges that Musk’s provide of three months’ severance was decrease than what staff anticipated from a Twitter severance plan that had been in place since 2019, which might have assured senior staff severance of as much as six months’ base pay, plus one week of pay per yr of service.
However in July, a U.S. District Choose in San Francisco dominated that Musk didn’t need to honor the severance agreements that these staff had entered with Twitter. The plaintiffs appealed the ruling, nevertheless, 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.