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Former Twitter executives sue Elon Musk for more than $128 million in severance (www.npr.org)

submitted 8 months ago* (last edited 8 months ago) by GlitzyArmrest@lemmy.world to c/technology@lemmy.world

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Twitter's former CEO Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Counsel Vijaya Gadde and General Counsel Sean Edgett claim in the lawsuit filed Monday that they were fired without a reason on the day in 2022 that Musk completed his acquisition of Twitter, which he later rebranded X.

Because he didn't want to pay their severance, the executives say Musk "made up fake cause and appointed employees of his various companies to uphold his decision."

The lawsuit says not paying severance and bills is part of a pattern for Musk, who's been sued by "droves" of former rank-and-file Twitter employees who didn't receive severance after Musk terminated them by the thousands.

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[-] sirico@feddit.uk 24 points 8 months ago

128 million is approximately 0.061% of 210.47 billion his current worth. So basically a dollar to Elon

[-] JohnEdwa@sopuli.xyz 27 points 8 months ago

Who wants to bet a dollar that he throws a temper tantrum about it and refuses to pay?

[-] Cheradenine@sh.itjust.works 8 points 8 months ago

It wouldn't be him paying though, it would be twitter/x. It was twitter at the time they got fired. X can certainly not afford to pay that since they are unprofitable as it is.

The Saudis can afford to pay it. Elon might not want to go to their embassy parties in Türkiye though.

[-] The_wild_card@lemmy.ml 2 points 8 months ago

Not a dollar unless you are comparing him to a very poor man

[-] sirico@feddit.uk 1 points 8 months ago

The math was for 1500 a month which to me seems about average

[-] The_wild_card@lemmy.ml 1 points 8 months ago

Ahh i thought you were doing networth

this post was submitted on 05 Mar 2024

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