Elon Musk faces upwards of $130 million in legal costs to fight laid off Twitter workers over severance pay
"Twitter's employment agreement says these will be individually arbitrated, so that's what we're doing," Liss-Riordan said."We're looking forward to the day when Elon Musk comes to his senses and realizes it's much cheaper to pay people what they are owed."
Generally, former employees say they were clearly and repeatedly promised by Twitter's previous management that, should they be laid off by Musk after he took over, they would receive severance"equal to or better than" two months of base pay, three months of stock vesting, a pro-rated bonus payout, and a cash contribution to cover ongoing health insurance. The promise was also included in the merger agreement between Musk and Twitter.
To receive the single month of severance, former workers must sign a separation agreement, which waives their right to litigation or arbitration and any bonus or stock payout. It also effectively prohibits them from ever speaking about Musk, Twitter, or their experience at the company., many having already consulted with lawyers regarding what to do when the severance agreements finally came.
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