Twitter employees sue social media company over bonuses they say weren't paid despite promises

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The lawsuit claims that in the month's leading up to billionaire Elon Musk's acquisition of the company, executives including former finance chief Ned Segal “repeatedly” promised employees that 50% of their 2022 bonuses would be paid.

Employees are suing Twitter over tens of millions of dollars in bonuses they say the social media company failed to pay despite promises it would.

The lawsuit filed Tuesday in federal court in San Francisco claims that in the month's leading up to billionaire Elon Musk's acquisition of the company, executives including former finance chief Ned Segal “repeatedly” promised employees that 50% of their 2022 bonuses would be paid. The lead plaintiff, Mark Schobinger, served as Twitter's senior director of compensation until last month. Lawyers for the plaintiff are seeking class action status on behalf of current and former Twitter employees. Shannon Liss-Riordan, an attorney for the plaintiffs, said the bonuses Twitter owes are in the “tens of millions of dollars."

Twitter, which has disbanded its media relations team, did not respond to a message for comment other than with an automated reply. The company is facing multiple lawsuits from

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines