Elon Musk Reaches a Tentative Settlement with Former Twitter Employees | KQED

Aug 22 Failed to save article Please try again Elon Musk at an event on June 19, 2024, in Cannes, France. Former Twitter employees dismissed by Musk requested $500 million in a class action lawsuit on Wednesday.  (Marc Piasecki/Getty Images) When Musk bought Twitter for $44 billion in 2002, he fired 6,000 employees. The class-action lawsuit stems from that turnover, after former Twitter employees say they did not receive their severance benefits or information about their severance package. Twitter’s merger agreement states that severance, among other former employee benefits, would be honored for up to a year after the merger. The lawsuit claims that those promises were made to prevent a mass resignation that would threaten the merger deal. An aerial view of X headquarters is seen on July 28, 2023, in San Francisco, California. (Justin Sullivan/Getty Images) The severance package included at least two months’ salary, six months’ pay plus one week for each year of service for senior employees and a cash contribution for continued health care, according to the suit. McMillian’s severance package included six-and-a-half months’ pay, six months of continued health insurance coverage and any bonuses. She was offered severance equal to one month’s pay, according
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