Twitter employees sued the social media company claiming it refuses to pay 2022 bonuses, despite promises that they would be paid out at 50% of their target amounts. Twitter has a cash performance bonus plan that is paid out annually and in the months leading up to Elon Musk’s acquisition of the company in October, executives, including former Chief Financial Officer Ned Segal, said the bonuses would be paid, according to the lawsuit filed Tuesday in San Francisco federal court.
The proposed class-action complaint on behalf of current and former Twitter employees employed in the first quarter of 2023 who didn’t receive their bonus was filed by Mark Shobinger, who was Twitter’s senior director of compensation until late last month. The job entailed overseeing executive and incentive pay and in November expanded his responsibilities to include employee compensation globally, according to the suit.