Elon Musk’s X has reached a tentative settlement with former employees of the company then known as Twitter who’d sued for $500 million in severance pay.

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. Attorneys for X Corp and the former Twitter employees reported the deal in a Wednesday court filing,

Elon Musk’s social media company X has reached a settlement with former employees who sued for $500 million in severance pay after mass layoffs in 2022.