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- cross-posted to:
- [email protected]
- [email protected]
- technology
Elon Musk’s alleged penchant for not paying bills is catching up with him. In the wake of numerous lawsuits claiming the world’s richest man failed to pay severance owed to many of the 6,000 employees he fired after acquiring Twitter. On Monday, CNBC reported that the tech company now known as X is facing some 2,200 arbitration cases filed by ex-employees, which come with $3.5 million in required fees—an amount that doesn’t even include the actual severance owed to those Musk let go.
In October, shortly after taking Twitter’s reins, Musk laid off more than half of its employees, promising most at least two months’ salary plus a week’s pay for every year they’d worked at the firm. Thousands claim that they haven’t received a single dime, and ex-employees have since filed several lawsuits seeking their promised benefits.
I could be mistaken, but I think the severance was three months when he bought the company.
So 12 weeks? That’s a big chunk of change. Not much to him, though.
Yeah, you’d think so. But apparently it is since he hasn’t paid anyone.
Yeah this mofo is sitting on mountains of cash and like Trump, he just doesn’t pay his bills.