Ex-Twitter workers sue Elon Musk, Twitter for US$500 million over severance payments
13 Jul 2023 11:22am
Elon Musk - FILE PIX
"An order compelling defendants to provide the full terms of severance according to the plan to all terminated employees from the date of Mr Musk’s takeover of the company to one year from the date of judgment, an amount that is no less than US$500 million, plus pre-judgment and post-judgment interest at the maximum legal rate," the lawsuit said.
The complaint was filed in the US District Court for the Northern District of California with Courtney McMillian, who was an employee in Twitter’s HR department, as the lead plaintiff in the case.
In late October 2022, Musk finalised the US$44 billion acquisition of Twitter, a US company founded in 2006, and headquartered in San Francisco, California. Following the takeover, Musk changed the company's day-to-day operations, including the termination of Twitter executives who were responsible for the platform's privacy, cybersecurity and censorship, as well as about two-thirds of its employees - BERNAMA