Instant news 24/7

Elon Musk’s New Headache: Severance Pay For Laid-Off Twitter Workers

1 min read
Elon Musk

Elon Musk

The new owner of Twitter Inc. is facing more legal issues since workers who were sacked shortly after Elon Musk took over are still waiting for information regarding their severance compensation months after being fired.

On Nov. 4, a week after assuming control of the firm, Musk fired around half of Twitter’s more than 7,000 employees. According to paperwork given to the state, nearly 1,000 of those fired lived in California. Those workers were required by state and federal law to continue receiving regular salaries for the prior two months.

However, that 60-day window closed on Wednesday, the day when California employees were formally let off. Three laid-off workers claim that employees have still not received information about further severance or COBRA continuation of health care. At the moment, Musk tweeted that “3 months of severance” had been offered to everyone.

The billionaire has rushed to find cost-cutting measures after paying $44 billion for the social networking platform, expressing concern that the business may go out of business. According to Platformer, he cut additional employee benefits earlier this week, such as lunch and commuter benefits.

Multiple lawsuits have been filed against Twitter for unpaid invoices, including those for rent at one of its San Francisco locations, software services, and private chartered plane flights. According to attorney Shannon Liss-Riordan, hundreds of Twitter employees she represents have already had their final day at the company but haven’t gotten any money or severance notice.

visit us on: www.thespeednews.com

Leave a Reply