Ex-Twitter execs push for $200M severance as Elon Musk runs X into ground

https://arstechnica.com/tech-policy/2024/10/ex-twitter-execs-push-for-200m-severance-as-elon-musk-runs-x-into-ground/

9 Comments

  1. BlakesonHouser on

    I mean, I do not like Elon at all, I think he’s a very bad faith actor.

    Having said that, they DID force him to buy twitter when they could have allowed him to back off. They would have experienced some temporary volatility in the stock price then life would have loooong since returned to normal.

    They sold out for a quick pay day and screwed over the world by giving the reigns over to this guy. Elon does very stupid things but at the end of the day he didn’t want to go through with the purchase. They demanded it because they had him on the technicality of publicly saying he was going to buy it.

    And so I don’t sympathize with either side here 

  2. These are payments owed to the folks running the company who were fired by Musk the day he took over. Musk’s plan seems to be to run the company into bankruptcy before having to pay them what their contracts say they were owed.

  3. SolidusNastradamus on

    $200m?
    I’m taking $300m for the unfair suspension I’ve had since late April.

    Call it a severance if you will.

  4. I think once you reach a certain wealth threshold, all your financials should be full public access, and if it can be found and proven that any of your wealth, even 5 bucks, was achieved through fraudulent means, all your wealth and assets are seized, five years in prison, and you are essentially reset to a basic person with zero dollars.

    You can still be a billionaire, but you better actually be that benevolent economic genius you are claiming to be, and you have to do it with the most intense scrutiny such opulent power merits.

  5. ThisIsGr8ThisIsGr8 on

    Is there a reason Twitter users havent switched platforms yet? Don’t they want to be on one that isn’t run by a lunatic that wants to destroy America?