Twitter violated contract by failing to pay millions in bonuses, US judge rules
(www.nbcnews.com)
from L4s@lemmy.world to technology@lemmy.world on 24 Dec 2023 02:00
https://lemmy.world/post/9915474
from L4s@lemmy.world to technology@lemmy.world on 24 Dec 2023 02:00
https://lemmy.world/post/9915474
Twitter violated contract by failing to pay millions in bonuses, US judge rules::WASHINGTON — Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday.
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This is the best summary I could come up with:
WASHINGTON — Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday.
Schobinger’s suit alleged that before and after billionaire Musk bought Twitter last year, it promised employees 50% of their 2022 target bonuses but never made those payments.
In denying Twitter’s motion to dismiss the case, U.S. District Judge Vince Chhabria ruled that Schobinger plausibly stated a breach of contract claim under California law and he was covered by a bonus plan.
And by allegedly refusing to pay Schobinger his promised bonus, Twitter violated that contract,” the judge wrote.
Twitter’s lawyers argued that the company made only an oral promise that was not a contract, and that Texas law should govern the case, according to Courthouse News, which first reported the ruling.
The lawsuits make a range of claims, including that X discriminated against older employees, women and workers with disabilities, and failed to give advance notice of mass layoffs.
The original article contains 283 words, the summary contains 170 words. Saved 40%. I’m a bot and I’m open source!
Are you shitting me? They argued that it was a fucking lie so they shouldn’t be charged? Also no one gives a shit if you’re a Texan company…But you’re doing business in California with California residents, you have to follow California rules. Else don’t do any business in California.
Can’t fucking believe that not honoring an employment contract is not a fucking violation in Texas…Go figure.
Did they honestly try to argue that oral contracts are not binding? I mean it’s easy to pretend they didn’t happen, but if you admit you said it then it’s a contract.
Nothing to see here, folks, just Elon Musk, business genius at work.
A whole lot of greedy folks cheer on his naked greed and know someday they’ll be able to do the same.
He needs to be assessed all attorney fees.
“X Corp” sounds like the most stereotypical evil villan organisation from a children’s TV show
“Ex corp” — As in, “We used to be a corporation, but we went bankrupt.”
Morally, ethically, and financially
Completely agree.
E-corp anyone?
Given how you pronounce x with an e at the start it couldn’t be closer to E corp unless it literally went with the E itself
I mean the evil corporation in Spiderman is “Oscorp” which is not very far away
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Elon Musk, twirling a comically large disguise mustache: My word, that certainly seems like bad news for whomever owns that detestable “Twitter” company! I, Xelon Mux, would never allow such duplicity at my premiere internet destination, “X.” Muaaahaaahaaa!
Quick, my child, X Æ A-Xii, we must run! They can never know that your name is also my password to things because I learned how to enter Unicode characters into a text field!