The Damage Report
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Elon Musk COLLAPSES Over Employee Disaster In Stunning Severance Consequences
Posted
August 22, 2025
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6:28Now PlayingElon Musk finally gets rocked by legal consequences so bad that he gives up the battle to avoid paying the colossal amount of severance he promised to workers during his disastrous Twitter takeover. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Musk set to pay $500 million to 6,000 workers fired without severance after his Twitter takeover
"Tech billionaire Elon Musk is set to pay $500 million to 6,000 workers fired without severance after his Twitter takeover.
Musk and his social media company X Corp. reached a tentative settlement in a lawsuit filed by former Twitter employees. The deal was reported in a Wednesday court filing obtained by The Independent.
“The parties have reached a settlement agreement in principle and began negotiating the terms of a long form settlement agreement on August 19, 2025,” court documents read."
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