twitter being sued for non-payment of $500m in severance payments

[butters]

https://www.msn.com/en-us/money/com...1&cvid=dba7111be58a4115989f9deb0725a3a0&ei=21

Twitter stated in its merger agreement from April 2022 – when Musk first offered to buy the site – that for one year from the closing of the merger it would continue to provide staff with "severance payments and benefits ... no less favorable" than those available before the merger. Twitter's then-CEO Parag Agrawal and then-Chairman Bret Taylor confirmed this to employees, per the lawsuit.

what was actually paid out was 3 months, comprising of 2 months non-work payment (since musk ordered them out immediately) and 1 month's severance payment

The lawsuit said that was just "a fraction" of what laid-off workers were entitled to under the severance plan. For example, senior employees were entitled to six months' base pay plus an extra week per full year of service, while non-senior employees were entitled to two months plus an extra week per year of service, according to a copy of the matrix attached to the lawsuit.

make that fucker pay

 

[Lazaran]

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Who ISN’T suing twitter??? (or FOX)