According to BlockBeats, on September 24, according to a memo obtained by Bloomberg, Musk lost a legal battle over unpaid severance pay to a former Twitter employee who was fired when Musk took over the social media platform in 2022.
Musk bought Twitter for $44 billion two years ago and quickly fired more than half of its employees, a move that prompted complaints from more than 2,000 former employees who said they were underpaid for severance.
Fridayâs litigation victory could set a precedent for thousands of former employees who have filed similar arbitration complaints. âThe arbitrator awarded our client the full severance package,â attorney Shannon Liss-Riordan said in a memo Monday. âWe are excited about this development and hope it is a harbinger of more good news to come.â