Elon Musk faces upwards of $130 million in legal fees to fight laid off Twitter workers over severance | Business Insider

  • 📰 BISouthAfrica
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Elon Musk last month offered thousands of laid off Twitter workers a limited severance deal.

"Twitter's employment agreement says these will be individually arbitrated, so that's what we're doing," Liss-Riordan said."We're looking forward to the day when Elon Musk comes to his senses and realises it's much cheaper to pay people what they are owed."

Generally, former employees say they were clearly and repeatedly promised by Twitter's previous management that, should they be laid off by Musk after he took over, they would receive severance"equal to or better than" two months of base pay, three months of stock vesting, a pro-rated bonus payout, and a cash contribution to cover ongoing health insurance. The promise was also included in the merger agreement between Musk and Twitter.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 34. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Elon Musk's new Silicon Valley engineering headquarters will focus on AI, report says | Business InsiderElon Musk said Tesla plans to expand its engineering hub in Palo Alto, California despite being based in Austin, Texas.
Sumber: BISouthAfrica - 🏆 34. / 51 Baca lebih lajut »

Elon Musk reportedly gave staff a one-week deadline to turn around Twitter's ads, and then laid them off | Business InsiderElon Musk laid off dozens of Twitter staffers last week — including those who worked on ad products — right after giving them a one-week deadline to turn around the company's ad business. BISouthAfrica Hope they were the ‘woke’ ones! BISouthAfrica This man means business elonmusk He know exactly what he's doing,man in mission & have vision. BISouthAfrica Hahahaha oh the woke press at work!!! elonmusk go for it!!
Sumber: BISouthAfrica - 🏆 34. / 51 Baca lebih lajut »

Elon Musk is working at Tesla for free after receiving his final stock options last month | Business InsiderDon't feel too sorry for Musk. The Tesla CEO made an estimated $56 billion from his 2018 pay package.
Sumber: News24 - 🏆 4. / 80 Baca lebih lajut »