A Fortune report said some Twitter employees were fired in November and subsequent rounds of layoffs without the promised severance packages.
Posted Date – 11:45 AM, Sun – 1/8/23
San Francisco: Elon Musk has laid off more workers from Twitter’s content moderation team, while some workers fired in rounds of layoffs earlier last year have not received the severance he promised, media outlets reported on Sunday. fee.
A Fortune report said some Twitter employees were fired in November and subsequent rounds of layoffs without the promised severance packages.
“After months of anticipation, some former Twitter employees finally received formal severance packages on Saturday,” the report said.
“However, compensation fell far short of many expectations, and emails ended up in the spam folder,” the report added.
Musk laid off about three-quarters of its 7,500 employees in a series of layoffs, saying those affected would receive “three months of severance pay.”
However, “an agreement was issued to provide laid-off workers in the United States with one month’s base salary as severance pay,” the report said.
At least 5,500 Twitter employees who have been laid off will receive formal severance packages.
However, not all affected employees have received severance agreements from a third-party service provider called “CPT Group.”
“In addition, employees will not receive prorated performance bonuses,” the report said.
It added that after logging in and reviewing their severance agreements, former Twitter employees also had the option to sign in or out of the agreement.
