Elon Musk’s X Corp Faces Lawsuit From Former Twitter Executives Over Unpaid Severance Worth USD 53 Million: Report
Three former Twitter executives filed lawsuit against company for not paying around USD 53 million, around USD 14 million to USD 21.8 million each.
Elon Musk's X Corp. reportedly faces another lawsuit by three former Twitter executives who did not receive their severance pay after they resigned. Twitter-turned-X laid off several employees after Elon Musk took over the platform for USD 44 billion. The Twitter employees resigned after learning their duties would be "materially and irreversibly changed" after Elon Musk acquired it. They claimed these "good reasons" entitled them to severance benefits. Twitter employees Sarah Personette, James Sullivan, and Dalana Brand alleged the company owed a severance pay of around USD 53 million. Each of the plaintiffs owed amount ranging from USD 14 million to 21.8 million. X Appoints Former Hyundai CMO Angela Zepeda As Global Head of Marketing.
Three Former Twitter Executives File Lawsuit Against Elon Musk's X Corp for Severance Pay
NEWS: X Corp. is facing another lawsuit by 3 former Twitter execs who state they are owed $53 million in severance benefits after they RESIGNED from the company.
They resigned from their positions once it became clear their duties would be “materially and irreversibly changed”… pic.twitter.com/Zpi6TSA0gd
— X Daily News (@xDaily) September 9, 2024
(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)
(The above story first appeared on LatestLY on Sep 09, 2024 09:21 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).