Elon Musk's X Corp reportedly won a lawsuit regarding the severance pay after Twitter layoffs were initiated in 2022. After Elon Musk took over Twitter in 2022, he laid off previous employees, leading to significant structural changes in the company. Then, he renamed Twitter "X" and introduced various new features. The Twitter layoffs lawsuit claimed that Elon Musk's company owed USD 500 million to 6,000 ex-employees under the ERISA rules. The employees claimed that they were only given one month's severance. Judge Trina Thompson ruled that ERISA rules did not apply here as the company informed the employees before taking over about the workers receiving cash payouts. Elon Musk Reacts to Massive User Engagement on X in Q2, 2024; Check Details.

Elon Musk Beats USD 500 Million Lawsuit Regarding Twitter Layoffs 2022

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