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I would say that Elon Musk must know that trying to layoff half the company under the guise of "for-cause" would be certain to open him up to massive legal liab
by powera 4y ago
I would say that Elon Musk must know that trying to layoff half the company under the guise of "for-cause" would be certain to open him up to massive legal liability, but the past few months have led me to suspect Mr. Musk fundamentally misunderstands the American legal system.
In any event, it would be illegal, there would be plenty of lawyers ready to work on contingency, and politicians would also be eager to investigate.
- UncleOxidant 4y ago> but the past few months have led me to suspect Mr. Musk fundamentally misunderstands the American legal system. I think you're right, but I also think that he figures he's the richest man in the world and can do pretty much whatever he wants at this point.
- prirun 4y agoI think he understands it just fine. He calculates the cost/benefit ratio of trying something whether it's legal or not. If it works, great for him! If it doesn't work, oh well, it costs him a few extra dollars. Just like trying to back out of the buyout. Most people are easily intimidated by legal-sounding crap, like a severance agreement written up by company lawyers. In my experience, most lawyers are crap (I have had 1 good one out of around 5)and a lot of the "legal agreements" being written have illegal stuff in them, which is why they always say "if anything in this contract is found to be illegal, the rest of it still holds". The advice to consult with a lawyer and maybe an accountant is IMO well worth the extra trouble and expense. They're counting on employees being too intimidated to do it.