Elon Musk Defeats $500 Million Lawsuit Over Twitter Mass Layoffs

Major relief for Musk: Elon won't have to pay $500 million as severance to former Twitter staff

This case is among several alleging that Musk failed to honour commitments to former Twitter employees and vendors after purchasing the social media company for $44 billion in October 2022

US court dismisses $500 million severance lawsuit against Elon Musk

In a tremendous legal victory for Tesla CEO Elon Musk, a San Francisco-based US court on Wednesday (July 10) dismissed a lawsuit alleging that the billionaire refused to pay at least $500 million in severance to thousands of employees — fired in mass lay-offs when he acquired the social media company Twitter, now rebranded as X. Ex-Twitter employees claim that one of the world's richest men, Musk, did not provide them with the appropriate severa…

Elon Musk Defeats Ex-Twitter Staff Seeking $500 Million In Severance Package

Elon Musk wins lawsuit over Twitter severance dispute, claims dismissed by judge in San Francisco. Legal battle after $44 billion acquisition of the social media giant

Elon Musk defeats $500 million lawsuit over Twitter layoffs

By Tom Ozimek Contributing Writer  A California judge handed Elon Musk a win in a lawsuit filed over the mass firing of staff at Twitter after he took over the social media platform in October 2022.  Musk and X Corp. (Twitter was rebranded as X in July 2023) were accused of violating provisions of the federal Employee Retirement Income Security Act by allegedly misleading employees about whether he’d honor a severance plan “at least as favorable…

Elon Musk wins dismissal of $500M severance suit filed by fired Twitter workers

Billionaire Elon Musk won the dismissal of a lawsuit brought by former employees of Twitter who were seeking $500 million in severance payments that Musk allegedly declined to pay following his acquisition of the social media company now known as X.U.S. District Judge Trina Thompson in San Francisco on Tuesday issued a ruling that the ex-Twitter employees' claims weren't covered by the federal Employee Retirement Income Security Act (ERISA), whi…

Musk defeats ex-Twitter staff seeking US$500m in severance

A US judge dismissed the case, one of several filed in the aftermath of Musk's takeover of the site.