Wall Street Times

Twitter ex-employees have yet to receive severance offer

Twitter ex-employees have yet to receive severance offer
Twitter still hasn't released severance offer to laid-off employees

Image source: Wall Street Journal

Twitter: An employer may provide financial compensation or a severance offer to a person whose employment has been terminated or laid off.

It frequently serves as a means through which the company supports the worker financially during the period of transition after the layoff.

Severance packages may contain a combination of salary, benefits, and other forms of payment.

Elon Musk sacked employees two months earlier, but they claimed they hadn’t yet received a formal severance package or separation agreement.

One former employee stated they expected to hear something on Wednesday, the last official day of employment for individuals impacted by the initial layoffs.

The news

The former employee said early Thursday that they never received any papers about the offer or severance agreement.

Other ex-employees who have used Twitter made similar claims.

One claimed they had never received severance pay or received a formal termination letter.

According to a representative for Shannon Liss-Riordan, no severance information had been delivered to her clients or terminated Twitter employees as of Thursday.

Kevin Ready, her spokesperson, said:

“There was some anticipation that they would be sent yesterday, but we haven’t seen that.”

Liss-Riordan, meanwhile, issued the following statement on Thursday:

“Yesterday was the official separation date for thousands of Twitter employees, and after months of chaos and uncertainty created by Elon Musk, these workers remain in the lurch.”

The layoffs

In October, Elon Musk spent $44 billion to acquire the social networking company.

Staff concerns emerged when he started cutting costs and eliminating mountains of debt.

Musk continued to send workers off in waves one month later.

By requiring those who remained to sign a promise to put in “hardcore work,” he drove even more workers away.

During the layoffs, Musk promised the ousted workers a three-month severance package.

The duration accounted for the 60-day advanced notice that Twitter was required to publish.

Read also: Minimum wage receives boost for 2023

Other problems

Twitter continued to have a number of problems after Musk took control.

A commercial landlord sued the corporation for breach of contract when the company’s San Francisco office failed to pay the rent.

According to a private flight company, the company also allegedly failed to pay its bills.

Finally, The New York Times revealed in December that Twitter had contemplated forgoing providing severance to fired employees in order to save money.

The layoff victims’ sense of uncertainty was heightened by the website’s use of insiders with knowledge of executive discussions.

Twitter could not respond to the charges because the majority of the public relations team was removed following the layoffs.

Severance agreements

On Thursday afternoon, Fortune reported that Twitter planned to give severance packages to fired workers that day.

When the agreements would be made public, however, was unclear.

Screenshots and an anonymous individual of the subject supported the accusation.

According to the severance agreements, former US Twitter employees would have received one month’s base pay.

There would also be a provision requiring staff to refrain from participating in ongoing legal actions brought against Twitter.

Lawsuits

Shannon Liss-Riordan filed four proposed class action lawsuits against Twitter on behalf of the dismissed employees.

Allegations that the company breached its promises of consistent perks and remote work were mentioned in the complaints.

They also received complaints concerning alleged discrimination based on gender and disability.

Liss-Riordan also lodged three complaints against the company with the National Labor Relations Board.

In addition, she filed another 100 demands for arbitration against the social media company on Thursday.

The demands follow the initial 100 last month.

The workers prevailed in their court case at the beginning of December.

A judge ordered Twitter to notify the ex-employees of the litigation before asking them to sign separation agreements that contain a release of claims.

References:

Two months after mass Twitter layoffs, affected employees still waiting for severance offers

Twitter sued by landlord for allegedly failing to pay rent

Opinions expressed by The Wall Street Times contributors are their own.