Twitter Employees of Elon Musk Finally Get Severance Deals
- After waiting two months, Twitter employees laid off got severance deals from Elon Musk.
- Many workers feared phishing attempts because of the strange process involved in accessing the agreements.
- Some workers affected by the demands for more money say they won’t sign.
Hundreds of TwitterEmployees who were part Elon MuskAfter waiting for two months, the first round of layoffs was completed and the severance paperwork was received. They must now decide whether to join or sign the paperwork for their first round of layoffs. lawsuitsAgainst the billionaire owner of the company.
In the early hours on Saturday, former Twitter employees laid off on Nov. 4 received a message from “email@example.com,” an email not associated with any internal department at the company, several people familiar with the situation told Insider.
The email was designated “spam” was the most common response. The message directed people to a website after they had dug it out of spam folders. websiteCPT Group is responsible for the operation of the full separation agreement.
The website stated, “As we know, it was necessary to reduce our global workforce to ensure the company’s success moving forward. Your employment has been affected.” “Since the notification of your status was made, you’ve been on non-working notice, on payroll, and in non-working notice since that date. This will continue until you separate. If you sign a separation agreement or release, you may also be eligible for additional severance.
“Imagine yourself waiting so long before you get this.”
Many were discussing whether to withdraw their rights in return of one month’s severance even before the agreements were signed by laid-off workers. Layoff workers are, however, at FacebookSix months of severance were granted to employees when the company implemented mass layoffs on November 1. SnapIn its August layoffs, the company offered its workers four-months of severance.
One person who signed an agreement stated that they had decided not to sign and will instead participate in one of several lawsuits currently being filed or in the process related to Musk’s alleged violations regarding employee benefits and severance. Numerous other employees affected by the merger have already signed up to participate in legal proceedings. The person mentioned that they would have been more likely to sign if the agreements were made sooner.
The person stated, “Imagine waiting so much and then getting this.” Insider spoke to this person as well as others who spoke to them. They asked not for their identity in discussing private matters. Twitter representatives declined to comment on a request.
“This is sketchy AF”
Former employees were concerned about everything, from the text spacing in the email to the redirection to a website that no one was familiar with to the redirection to the email. One person said in a message that “this is sketchy AF.” Another person noted that the long wait for severance paperwork has left many people “prime targets” for phishing attempts.
Two people familiarized with Twitter’s actions stated that the site was legitimate and pointed out that Twitter will be distributing all separation agreements or severance payments in this way. The official Twitter logo, which is blue and white with a bird logo, is used by the website. Official separation agreements are also said to include Musk’s signature.
Two people familiar to the company said that workers who were laid off around November 4, or resigned, are expected to receive separation agreements. Sources said that those who resigned after Musk’s “hardcore tweet 2.0” email a few weeks later have not yet received an agreement to sign.
Separation agreements seem to be mostly boilerplate. They offer one month pay to laid-off employees as severance. Musk announced November 4th. tweetedAccording to the claim that “everyone quit”, he was given 3 months of severance, which was 50% more than what was legally required. The tech billionaire may have been confusing periods of “nonworking” work that later saw thousands of workers continue being paid while they waited for severance. Companies must give notice periods to mass layoffs under state labor laws.
The contract must be signed by the laid off workers to receive the one-month of additional pay. It prohibits them participating in any lawsuit or mass arbitration against the company or speaking publicly or in the press about Twitter. These clauses are standard in severance contracts. The agreements also require former employees to forfeit any future stock payments or bonuses.
“Let’s get to the lawsuits,” said another person who was not signed a separation agreement.
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