29.9 C
Delhi
Tuesday, July 1, 2025

Musk, Twitter sued for $500mln over severance payments

Date:

Share post:

Donate-GC-Razorpay

Washington: Former Twitter employees have filed a lawsuit against the company and its owner, Elon Musk, over denial to pay them at least $500 million in severance packages, a lawsuit read.

“An Order compelling Defendants to provide the full terms of severance according to the Plan to all terminated employees from the date of Mr. Musk’s takeover of the company to one year from the date of judgment, an amount that is no less than $500 million, plus pre-judgment and post-judgment interest at the maximum legal rate,” the lawsuit said.

The complaint was filed on Wednesday in the US District Court for the Northern District of California with Courtney McMillian, who was an employee in Twitter’s HR department, as the lead plaintiff in the case.

In late October 2022, Musk finalized the $44 billion acquisition of Twitter, a US company founded in 2006, and headquartered in San Francisco, California. Following the takeover, Musk changed the company’s day-to-day operations, including the termination of Twitter executives who were responsible for the platform’s privacy, cybersecurity and censorship, as well as about two-thirds of Twitter’s employees.

Related articles

After Delhi’s Yash Kumar Murder, Victim’s Family Receive Death Threats

In yet another tragic incident that sent shockwaves around the national capital and beyond, 20-year-old Yash Kumar was...

Rs 580 cr tax evasion detected in Kerala in year 2024-25

Thiruvananthapuram: The Thiruvananthapuram GST Zone has achieved significant milestones in revenue growth and detection in tax evasion. The...

Syria may sign peace agreement with Israel in coming months – Reports

Beirut: The issue of normalizing relations between Syria and Israel has been practically resolved, and an agreement may...

Record 256,000 migrants returned to Afghanistan from Iran in June – IOM

Tehran: A record 256,000 undocumented Afghan migrants returned to their homeland from Iran in June, and there are...