“X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases—and Big Fees
“X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases—and Big Fees
X is not, in fact, gonna give it to ya.
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.
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I still don't understand why no one has just pushed this guy out a window yet.
I don’t mean this as a threat, but as plain kinetic question. How do billionaires stay so safe with so many enemies? It’s a bit baffling to me. Security is fascinating to me.
In this present day, we're barely steps or even a half step away from having absolutely tyrannically-dictator type behaviors from billionaires. It's almost as bad as the Roman Emperors that were batshit crazy, and their own Praetorian Guard eventually took those motherfuckers out. It baffles me how we had Presidential assassination attempts as recently as the 80's in the US but wasting billionaires just isn't a thing. It's very amazing power structure.
Zuckerberg spends about $30 million per year on personal security, I would guess the rest of the billionaires do the same.
That's really modest too by comparison. Current presidents average around 1.5 billion per year give or take.
That seems high, according to this the cost to protect the entire trump family was $120 million:
https://time.com/4762234/congress-donald-trump-security-costs-trump-tower/
It's because people like this around themselves with a cadre of yes men. Apparently Elon is known to have a large group of Tesla and SpaceX groupies essentially. To use them to replace key positions at X.
On that's easy, it's because he's still on Putin's good side.
As to why no one has... encouraged him into any other "mysterious accident", though, your guess is as good as mine.
Because you don't get your money back if you kill him. That's why the mob just breaks kneecaps.
No you just put a cut on the end of their pointer finger on their dominant hand. That way every time they touch something it reminds them who their money belongs to. You save kneecapping for someone who you've lost all hope of paying you back and now their value to you is as an example for others.
... you sound like you have experience
He took a big loan from the Saudis to pay for Twitter, so that could still happen.
Not out of a window I guess. They have other style.
I'm sure they'll take opportunities where they can get them.
They use the loan saw.
Out of multiple windows
Doesn’t he walk around the twitter headquarters surrounded by his own security.