Ex-employees will get severance pay: Twitter

Employees who were laid off in November 2022, will get legally paid by Twitter. The severance package was also supposed to include bonuses, stock vesting, and other benefits. 

0
897

On January 8, 2023, Twitter gave severance agreements to the ex-workers who left in November 2022.

In early November 2022, Twitter laid off almost half of its 7,500-person workforce. Incoming CEO Elon Musk stated that all departing employees were offered three months of severance pay, which is 50% more than what is legally required. 

However, according to the former employees, they were only paid two months of wages through January 4th (the official date of their termination) and had to wait to receive a post-termination severance package.

Although Musk had promised that they would receive an additional month of salary as severance, the workers claim that they are actually owed more, given what Twitter had already agreed to pay prior to the acquisition by Musk. 

The severance package was also supposed to include bonuses, stock vesting, and other benefits that could amount to tens or even hundreds of thousands of dollars per employee.

According to Lisa Bloom, a principal attorney at The Bloom Firm in Los Angeles who is currently representing former Twitter employees, the severance agreements offered by Twitter are actually ‘settlement agreements’ that ‘SILENCE WORKERS FOR LIFE’ and require them to give up important legal rights.

Comment on the Article

Please enter your comment!
Please enter your name here

3 × one =