Connect with us

Business

Twitter still hasn’t released severance offer to laid-off employees

Published

on

Twitter still hasn't released severance offer to laid-off employees

Image source: ARS Technica

Twitter: An employee whose job has been terminated or laid off may get monetary compensation or a severance offer from their employer.

It frequently serves as an avenue for the business to support the worker financially during the adjustment time following the layoff.

Salaries, benefits, and other payments may also be included in severance packages.

Employees said they hadn’t yet gotten a formal severance package or separation agreement despite Elon Musk releasing them two months earlier.

On Wednesday, the final official day of employment for those affected by the original layoffs, a former employee said they expected to hear something.

The news

Early Thursday, the former employee said they never received any documents linked to the offer or severance agreement.

Other former employees made similar claims on Twitter.

One person asserted they had never gotten severance money or a written letter of termination.

No severance details had been sent to Shannon Liss-Riordan’s clients as of Thursday, a spokesperson for her said.

Her spokesperson, Kevin Ready, explained:

“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

Elon Musk spent $44 billion to buy the social networking firm in October.

Staff members began to express concerns as he started reducing expenses and paying off mounds of debt.

One month later, Musk kept letting employees go in waves.

He turned away even more workers by making those who remained pledge to put in “hardcore work.”

Musk promised the discharged employees a three-month severance package during the layoffs.

The timespan took into account the 60-day prior notice that Twitter was required to share.

Read also: Apartments in Manhattan saw a drop in sales

Other problems

After Musk took over, Twitter continued to face several issues.

When the company’s San Francisco office failed to pay the rent, a commercial landlord filed a lawsuit against Twitter for breach of contract.

According to a private flight provider, the company allegedly neglected to pay its costs.

Finally, to conserve money, Twitter was reported to have thought about denying offering severance to axed workers in December.

The website’s use of insiders with access to executive conversations heightened the sense of uncertainty among the layoff victims.

Due to the removal of most of the public relations team due to the layoffs, Twitter could not respond to the accusations.

Severance agreements

Fortune published a report about Twitter’s intention to provide severance compensation to sacked employees on Thursday afternoon.

However, it was unclear when the agreements would be publicly disclosed.

Screenshots and an anonymous person supported the accusation.

Former US Twitter employees would have received one month’s base pay under the severance agreements.

Additionally, there would be a clause mandating that employees abstain from taking part in ongoing legal actions launched against Twitter.

Lawsuits

On behalf of the fired workers, Shannon Liss-Riordan submitted four proposed class action lawsuits against Twitter.

The accusations included claims that the business failed to uphold its commitments to provide consistent benefits and remote work.

Additionally, they received complaints alleging discrimination on gender and disability.

Furthermore, Liss-Riordan filed three complaints with the National Labor Relations Board against the business.

On Thursday, she added 100 more arbitration demands against the social media giant.

The demands came after the first 100 last month.

In December, the workers won an early legal battle.

Before asking them to sign separation agreements that include claim releases, a judge ordered Twitter to notify the ex-employees of the lawsuit.

References:

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

Twitter sued by landlord for allegedly failing to pay rent

Scarlet Logan is a marketing professional who loves writing. She graduated with a double major in journalism and economics.

Trending