Ex-Twitter execs push for $200M severance as Elon Musk runs X into ground

Quick Summary:

Musk’s battle with former Twitter execs intensifies as X value reaches new low.

According to their complaint, "there are also thousands of non-executive former employees whom Musk terminated and is now refusing to pay severance and other benefits" and who have "sued in droves".

The potential for X's revenue loss to impact severance claims appears to go beyond just the former Twitter executives' dispute.

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Article Details

Author / Journalist: Ashley Belanger

Category: Technology

Markets: United States

Topics: Wrongful termination Elon Musk Severance Policy X corp X Twitter

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 19:54:30 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 174 words

Reading Time: 1 minutes read

Sentences: 59 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 23001616

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About Ars Technica

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Official Website: arstechnica.com

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Year Established: 1998

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News Last Updated: 10 hours ago

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Publisher ID: #32

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