According To A Complaint, Twitter Owes Former Employees $500 Million In Severance Pay

According To A Complaint, Twitter Owes Former Employees $500 Million In Severance Pay

After Musk bought the firm in October, Twitter fired over half of its employees in an effort to reduce costs. A lawsuit against Twitter Inc. was filed on Wednesday, accusing the corporation of delaying the payment of a minimum of $500 million in pledged alimony to thousands of workers who lost their jobs when Elon Musk bought the business.

Prior to her dismissal in January, Courtney McMillian served as Twitter’s “head of total rewards” and was in charge of the company’s employee perks programs. She filed the suggested class action in a federal court in San Francisco.

According to McMillian, most employees were guaranteed two months of their base pay plus one week of compensation for each complete year of service under a severance package Twitter implemented in 2019. But according to McMillian, Twitter only provided laid-off employees with up to one month’s worth of severance money, and many of them received nothing at all.

image source:https://www.livemint.com/lm-img/img/2023/07/13/600×338/TWITTER-M-A-MUSK_1689232579334_1689232579536.JPG

After Musk bought the firm in October, Twitter fired over half of its employees in an effort to reduce costs. There is no longer a media relations division at Twitter. A feces emoji was the company’s response to an inquiry for comment.

Twitter and Musk are charged with breaking a federal law that governs employee benefit programs in the case. Despite the fact that Twitter has been sued in the past for purportedly not paying severance, those lawsuits center on contractual breaches rather than claims under the benefits statute. The business claims to have fully compensated all former employees.

A number of additional lawsuits have been filed against the corporation because of the layoffs that started last year, including ones alleging that it specifically targeted women and people with disabilities. India will become the fourth nation to land a spacecraft on the moon with Chandrayaan-3, the third lunar reconnaissance mission, showcasing the nation’s prowess for a secure and gentle landing on the lunar surface.