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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.
SAN FRANCISCO, California: A United States federal court ruled on Friday that social media company Twitter, now branded X, violated contracts by failing to pay annual performance bonuses it orally promised its workers.
In a legal setback for Elon Musk’s media venture, X Corp, a federal judge ruled on Friday that Twitter, now X Corp, violated contracts by not fulfilling…
Twitter (now called X) violated a contract when it failed to pay tens of millions of dollars in bonuses to its employees promised after Elon Musk acquired the platform for $44 billion,
Mark Schobinger, who was Twitter's senior director of compensation before leaving Elon Musk's company in May, sued Twitter in June, claiming breach of contract.