With the acquisition of Twitter, Elon Musk worked on and implemented many features for the platform. In addition to these new features, the famous name also faced many lawsuits. One of these cases was the thousands of employees that Elon Musk laid off. How much is the Elon Musk payment amount today?
Elon Musk will pay a total of $ 500 million to his laid-off employees
With the acquisition of Twitter in 2022, Elon Musk made significant changes within the company. In a short time, the number of Twitter employees, which is normally close to 8 thousand, to 1500 dropped it. The direct dismissal of employees also indicates that the company should pay compensation to its employees.
Despite all this, Musk did not make any payments to his employees. A former senior employee of Twitter. Courtney McMillian filed a lawsuit against the company. Allegedly, Musk refused to pay his employees.
Elon Musk, look who punished the Twitter collapse!
Elon Musk caught data scraping companies after the Twitter crash. Suing these companies, Musk said that the law was violated.
Along with these, the total amount of payment Elon Musk had to make has also emerged. This amount is at least 500 million dollars was said to be. As a result of the company and Musk’s refusal to pay, it was stated that it violated federal law. This law became a law regarding employee benefit plans.
It’s also rumored that Twitter has adopted a plan that will allow employees laid off in 2019 to receive two months’ basic pay and one week’s additional pay for each year of service. However, Courtney McMillian said the company only paid one month’s basic wages to the majority of layoffs. She added that she did not make any payments to some of them.
So, what do you think about the Elon Musk payment? What do you think is Elon Musk’s reason for not paying? Do not forget to share your views with us in the comments section!