Twitter faces $500mn severance lawsuit by ex-employees
SUBSCRIBE
JOBS
Custom Image
Go Back
1 year ago 06:00:19am Television

Twitter faces $500mn severance lawsuit by ex-employees

New Delhi, July 14-2023, By IBW Team

Twitter faces $500mn severance lawsuit by ex-employees

A lawsuit filed on Wednesday stated Twitter allegedly refused to pay at least $500 million in promised severance to thousands of employees who were laid off after Elon Musk acquired the company.

Courtney McMillian, who was Twitter‘s “head of total rewards” before being laid off in January, filed the proposed class action in federal court in San Francisco.

McMillian claims that under a severance plan implemented by Twitter in 2019, most employees were guaranteed two months’ base pay plus one week’s pay for each full year of service if laid off. According to the lawsuit, senior employees like McMillian were owed six months of base pay.

But Twitter only gave laid-off workers at most one month of severance pay, and many of them did not receive anything, McMillian claims, according to a Reuters report.

Twitter laid off more than half of its workforce as a cost-cutting measure after Musk acquired the company in October.

Twitter no longer has a media relations department. The company responded to a request for comment from Reuters with a poop emoji.


Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Our Events

  • img
    SatCab Symposium

    SatCab symposium organized by Aavishkar Media Group is an annual event. It's a well-informed event where we have a panel discussion on the current affairs and future forecasting on our industry.

  • img
    BCS
    Ratna Awards

    BCS Ratna Award organized by Aavishkar Media Group is an annual event. In this award function, a community of our industry is honored by receiving the award for the contribution of their work.

  • img
    Chetna Yatra

    Chetna Yatra organized by Aavishkar Media Group is an annual event. Held by Dr. AK Rastogi, Chairman of Aavishkar Media Group. Pilgrimage India in his car for connecting the people of our industry.

  • img
    Imaan India Sammaan

    Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

Youtube Videos