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Severance Settlement

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Elon Musk Settles $128M Severance Dispute with Ex-Twitter Executives

Originally Published 3 months ago — by Deadline

Elon Musk has settled a $128 million severance lawsuit filed by former Twitter executives, including Parag Agrawal and Vijaya Gadde, ending a legal dispute that accused Musk of unjustly firing them and withholding owed benefits. The settlement was announced in court, with a conference scheduled for November 6, though details remain private. The lawsuit highlighted Musk's alleged attempts to avoid paying severance and his past statements about targeting Twitter's former leadership.

Elon Musk Settles Severance Dispute with Ex-Twitter Executives

Originally Published 3 months ago — by The Guardian

Featured image for Elon Musk Settles Severance Dispute with Ex-Twitter Executives
Source: The Guardian

Elon Musk's X has settled a lawsuit with four former Twitter executives, including the former CEO, over $128 million in unpaid severance pay after Musk's acquisition of Twitter in 2022. The executives accused Musk of falsely claiming misconduct and forcing them out, while Musk denied wrongdoing. The settlement terms were not disclosed.