After buying Twitter in 2022, Musk laid off over 6,000 Twitter employees, reducing the company’s headcount by around 80%. While Musk offered three months’ severance, the lawsuit claims that many former employees didn’t receive complete payments, while some didn’t receive any payment at all.

Elon Musk and his company X Corp have reportedly come to a preliminary agreement to resolve a lawsuit initiated by former Twitter employees who claimed they were entitled to $500m in severance payments.

Elon Musk and his social media company X Corp. have reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay.