The Business & Technology Network
Helping Business Interpret and Use Technology
«  

May

  »
S M T W T F S
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 

Fired Twitter execs are suing Elon Musk for over $128 million

DATE POSTED:March 4, 2024
Elon Musk shrugging on a background with the Twitter logo Illustration by Kristen Radtke / The Verge; Getty Images

Elon Musk fired a lot of people after he took over Twitter, but the first ones to go were several of its top executives. Now former CEO Parag Agrawal, former CFO Ned Segal, former chief legal officer Vijaya Gadde, and former general counsel Sean Edgett are suing Musk and the company now known as X, saying they’re owed more than $128 million in severance payments, as reported by The Wall Street Journal.

Under Musk’s stewardship, X’s aversion to paying those it owes has practically become a trope (this is referenced in the lawsuit, along with a link to a page that tracks lawsuits against Twitter for non-payment and a note that the person who runs the site has been banned by X).

But this time, it’s the same execs who forced Musk to close...

Continue reading…