Severance

2023 - 1 - 8

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Image courtesy of "Forbes"

More Twitter Drama: Musk Cuts More Staff In Charge Of ... (Forbes)

Former Twitter employees laid off after Elon Musk took over the company received emails on Saturday, informing them to agree to severance pay, ...

One day earlier, however, Musk had, suggested he would [restrict](https://www.forbes.com/sites/siladityaray/2022/12/20/elon-musk-says-hell-restrict-polls-to-twitter-blue-subscribers-after-vote-said-he-should-step-down-as-ceo/?sh=4e055e9a52bd) policy decisions on Twitter polls to Twitter Blue subscribers, after more than half of respondents to the poll called on him to step down. [half](https://www.forbes.com/sites/brianbushard/2023/01/04/amazon-reportedly-cutting-17000-jobs-as-major-layoffs-continue-into-2023/?sh=6f8dbc5a5c6e) of Twitter’s 7,500 employees within a month of taking over the company, [including](https://www.forbes.com/sites/brianbushard/2022/10/28/twitters-golden-parachutes-fired-twitter-execs-may-receive-141-million-reports-say/?sh=32b8a473e35e) CEO Parag Agrawal, CFO Ned Segal and policy chief Vijaya Gadde. [Twitter Cuts More Staff Overseeing Global Content Moderation](https://www.bloomberg.com/news/articles/2023-01-07/elon-musk-cuts-more-twitter-staff-overseeing-content-moderation?srnd=premium) (Bloomberg) [A group of laid off Twitter employees finally got paltry severance agreements. Roth later [criticized](https://edition.cnn.com/2022/11/29/tech/yoel-roth-twitter-elon-musk/index.html) Musk’s rollout of his [Twitter Blue](https://www.forbes.com/sites/siladityaray/2022/12/11/twitter-blue-finally-relaunches-on-monday-here-is-everything-you-need-to-know/?sh=28e2d190570b) feature, which allowed people to purchase blue verification check marks and bypass the platform’s vetting process and led to slew of imposter accounts that spread disinformation on multiple companies and celebrities and politicians. Days before he completed the purchase, Musk [attempted](https://www.forbes.com/sites/brianbushard/2022/10/27/musk-says-twitter-cannot-become-a-free-for-all-hellscape-ahead-of-purchase/?sh=273f191878c3) to assuage advertisers that he wouldn’t let the platform descend into a “free-for-all hellscape,” although his promise wasn’t enough to prevent several high-profile businesses from [pulling their ads](https://www.forbes.com/sites/jonathanponciano/2022/11/04/nothing-has-worked-musk-laments-loss-of-twitter-advertisers-and-acknowledges-trying-to-back-out-of-deal/?sh=14c290654907). Initial reports had [indicated](https://www.forbes.com/sites/nicholasreimann/2022/10/20/musk-plans-to-cut-75-of-twitter-workforce-report-says/?sh=55eccaea496c) Musk would cut anywhere from [25%](https://www.forbes.com/sites/madelinehalpert/2022/10/31/twitter-layoffs-heres-what-we-know-and-dont-know-about-musks-plans/?sh=71c9402da68a) to 75% of the company’s workforce, which he denied. [announced](https://www.forbes.com/sites/siladityaray/2022/12/21/elon-musk-says-he-will-step-down-as-twitter-ceo-only-after-he-finds-a-successor/?sh=f440df0c477a) last month he would resign if he finds a replacement “foolish enough to take on the job,” after the majority of respondents in a poll he posted on the platform said he should. Now they must decide whether to sign, or pursue legal action against Elon Musk's company.](https://www.businessinsider.com/elon-musk-twitter-employee-severance-agreements-2023-1) (Business Insider) [Twitter Safety Head Admits ‘Surge In Hateful Conduct’ As Firm Reportedly Limits Access To Moderation Tools](https://www.forbes.com/sites/siladityaray/2022/11/01/twitter-safety-head-acknowledges-surge-in-hateful-conduct-amid-reports-of-company-limiting-access-to-moderation-tools/?sh=579a35dc3bfc) (Forbes) [Twitter Layoffs: Here’s What We Know (And Don’t Know) About Musk’s Plans](https://www.forbes.com/sites/madelinehalpert/2022/10/31/twitter-layoffs-heres-what-we-know-and-dont-know-about-musks-plans/?sh=71c9402da68a) (Forbes) [spiking](https://www.nytimes.com/2022/12/02/technology/twitter-hate-speech.html) after he took over. In November, Twitter’s former Head of Safety and Integrity Yoel Roth [admitted](https://www.forbes.com/sites/siladityaray/2022/11/01/twitter-safety-head-acknowledges-surge-in-hateful-conduct-amid-reports-of-company-limiting-access-to-moderation-tools/?sh=579a35dc3bfc) there had been a “surge in hateful content” on the platform since Musk took over. [class action lawsuit](https://www.forbes.com/sites/siladityaray/2022/11/04/twitter-workers-sue-over-sudden-mass-layoffs/?sh=6cebdc651d90) filed by former employees who accuse Twitter of failing to provide staff adequate notice required by federal and state labor laws. [laid off](https://www.cbsnews.com/news/elon-musk-twitter-layoffs-outsourced-content-moderators/) members of content moderation in charge of tackling misinformation on the platform, amid a round of massive cuts that [affected](https://www.reuters.com/technology/twitter-exec-says-50-employees-lost-jobs-following-acquisition-2022-11-04/) roughly half of its workforce.

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Image courtesy of "Fortune"

Twitter employees laid off after Elon Musk's takeover received ... (Fortune)

Twitter employees laid off after Elon Musk's takeover received severance payments today that fall short of expectations ... Twitter's value has plunged since Elon ...

The website has an accompanying FAQ page stating that impacted employees can anticipate payment within 45 days of their signed agreement. Sources have pointed out some hiccups in the process, too. Following further delays this week, some former Twitter employees finally received their official severance agreements on Saturday after months of anticipation, according to multiple sources familiar with the matter. Not all impacted employees received their agreements, multiple sources told Fortune. [we previously reported](https://fortune.com/2023/01/05/thousands-of-former-twitter-employees-to-receive-severance-agreements-months-after-laid-off/), the agreements sent out today provide laid-off employees in the U.S. Those let go in November have been kept on the payroll and have been paid their regular salaries for the previous 60 days due to requirements of the federal WARN Act, which mandates companies give a 60-day notice before mass layoffs.

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Image courtesy of "Business Insider"

Elon Musk Twitter employees finally get severance agreements (Business Insider)

The workers are being offered one month of severance. Rivals, including Facebook and Snap, gave laid off employees a lot more.

In order to receive the one month of additional pay, laid off workers must sign the contract being offered, which prohibits them from participating in any lawsuit or mass arbitration against the company, or speaking publicly or to the press about Twitter. Workers who were either laid off or resigned around November 4 are expecting to receive separation agreements, two people familiar with the company said. Still, two people familiar with Twitter's actions said the site is legitimate and noted that this will be the way all severance or separation agreements will be distributed by Twitter. Everything from the text spacing of the email to it redirecting to a website no one was familiar with put former employees on guard. [tweeted](https://twitter.com/elonmusk/status/1588671155766194176?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1588671155766194176%7Ctwgr%5Ed0a714550318d954b22d56ec3e53bb00d42887d9%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.cnbctv18.com%2Fbusiness%2Fcompanies%2Felon-musk-justifes-removing-half-of-twitter-workforce-says-severance-more-than-legally-required-15099341.htm) that "everyone exited" was offered 3 months of severance, saying that was 50% more than legally required. Another person noted that the long wait for severance paperwork has left many people "prime targets" for phishing attempts. A representative of Twitter did not respond to a request for comment. After digging it out of spam folders, the message directed people to a [website](http://usseparation.com) operated by CPT Group for access to the full separation agreement. The person noted that, had the agreements come sooner, perhaps they and other people would have been more inclined to sign. Now they must decide whether to sign or join [lawsuits](https://www.businessinsider.com/former-twitter-employees-who-filed-lawsuits-speak-out-against-musk-2022-12) against the company and its billionaire owner. One person who received an agreement said they'd decided not to sign, and instead will participate in one of the several lawsuits already filed or in the works related to Musk's alleged violations of the merger agreement regarding employee benefits and severance. "Since we notified you of your status, you've remained in non-working notice, employed and on payroll, and this will continue through your separation date.

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Image courtesy of "Argus News"

Latest Odisha News, Latest India News, Breaking News Today ... (Argus News)

Elon Musk has fired more employees at Twitter from its content moderation team while some of the employees fired in earlier job cut rounds last year did not ...

After logging in and viewing their severance agreement, former Twitter employees also have the option to sign or opt out of the agreement, it added. However, "the agreements sent out provide laid-off employees in the US one month of base pay as severance," the report mentioned. "Some former Twitter employees finally received their official severance agreements on Saturday after months of anticipation," said the report.

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Image courtesy of "News9 Live"

Fired Twitter employees still await severance (News9 Live)

On behalf of the laid-off workers, Liss-Riordan has filed four proposed class action lawsuits against Twitter, alleging that the company violated its ...

According to a former Twitter employee who spoke to CNN, the severance pay should have been given by Wednesday, or January 4. According to the paperwork submitted to the state, 1,000 of these 3,500 employees were posted in California. Elon Musk has not commented on the situation so far. This hampered the work at the Twitter headquarters as well. On behalf of the laid-off workers, Liss-Riordan has filed four proposed class action lawsuits against Twitter, alleging that the company violated its commitments to provide remote work and severance compensation. The counsel for hundreds of fired Twitter employees, Shannon Liss-Riordan, said in a statement on Friday that her clients who were fired in early November have not received any information regarding the severance pay. This would have been the final day of employment for those sacked in the first round of disengaging employees by the new Twitter CEO. The official termination of California employees happened on January 4, 2023, at the end of this 60-day notice period. In November 2022, Musk sacked half of the Twitter staff across several teams and regions, and the firings continued for a few weeks. - In November 2022, Musk sacked half of the Twitter staff across several teams and regions, and the firings continued for a few weeks - The official termination of California employees happened on January 4, 2023, at the end of this 60-day notice period. On behalf of the laid-off workers, Liss-Riordan has filed four proposed class action lawsuits against Twitter, alleging that the company violated its commitments to provide remote work and severance compensation

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Image courtesy of "Tekedia"

Some Twitter Sacked Employees Reveal That They Are Yet to ... (Tekedia)

Months after Musk laid off some Twitter employees after taking over as the company's CEO, they have disclosed that they are yet to receive their severance ...

Out of these 3,500 employees, 1,000 were posted in California, according to the documents filed with the state. On the 4th of November last year, Twitter CEO Elon Musk fired half of the company’s. Discounted price is N60,000 or $140 by Jan 9, 2023.

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Image courtesy of "The Guam Daily Post"

Laid-off Twitter workers still in limbo (The Guam Daily Post)

Twitter employees who were laid off shortly after Elon Musk took over are still awaiting details of their severance packages months after being let go, ...

To the degree the suit remains intact, wherever it eventually lands, Twitter argues its former employees are bound by contractual agreements requiring them to resolve any disputes with the company in closed-door arbitration rather than in open court. labor board complaints related to the mass terminations, alleging a mix of retaliation, discrimination, and failure to provide required notice and pay. District Court, Northern District of California (San Francisco). "We don't know what Elon Musk is doing - we expected that those severance agreements would have been sent out by now, because a lot of people had their last official day," Liss-Riordan said. Those workers were required under state law to keep receiving regular paychecks over the past two months. Almost 1,000 of those who were terminated lived in California, according to documents filed with the state.

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Image courtesy of "India.com"

Sacked Twitter Employees Have Not Received Severance Till Now ... (India.com)

The former employees of Twitter, who were sacked in November, have not yet reportedly received their severance package till now. -- aaa.

New Delhi: The former employees of Twitter, who were sacked in November, have not yet reportedly received their severance package till now. However, not all impacted employees received their severance agreements, being sent out by a third-party service provider called “CPT Group”. “What’s more, employees will not be receiving their prorated performance bonuses,” said the report.

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