Elon Musk emerged victorious on Tuesday after a San Francisco federal judge sided with him in a lawsuit brought by laid-off employees of X who claimed the billionaire mogul stiffed them on $500 million ($740 million AUD) worth of severance payments.
Elon Musk has emerged victorious after a federal judge sided with him in a lawsuit brought by laid-off employees of X who claimed the billionaire mogul stiffed them on $740 million worth of severance payments.Elon Musk emerged victorious on Tuesday after a San Francisco federal judge sided with him in a lawsuit brought by laid-off employees of X who claimed the billionaire mogul stiffed them on $500 million worth of severance payments.
Musk, who purchased Twitter for $44 billion in late 2022, cut most of the company’s staff — prompting laid-off employees to file several lawsuits seeking severance. Less senior employees are entitled to two months base pay plus one week for each full year of service, according to the plaintiff. Elon Musk has emerged victorious after a federal judge sided with him in a lawsuit brought by laid-off employees of X who claimed the billionaire mogul stiffed them on $500 million worth of severance payments. Picture: GettySeveral similar lawsuits filed by laid-off employees are making their way through the court system.
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