Elon Musk’s X may finally settle $500M severance lawsuit
Elon Musk's X (formerly Twitter) is in the process of settling a $500 million severance lawsuit with former Twitter employees. The lawsuit was filed by hundreds of former Twitter workers who were laid off or fired after Musk's acquisition of the company in October 2022. The settlement aims to resolve the dispute over severance payments owed to the former employees. Under the terms of the agreement, eligible employees will receive a portion of the $500 million settlement, which is subject to court approval. The lawsuit alleged that Musk's mass layoffs and abrupt changes at Twitter violated federal and state laws regarding employee termination. The settlement represents an effort by Musk's X to address the legal challenges and move forward, as the company continues to undergo significant restructuring under its new leadership.
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