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Twitter owes ex-employees $500M in severance, lawsuit claims
- ggm 3y agoI'm really surprised that this level of disdain for employment law can drag on this long. I would have expected by now his bank accounts would have been frozen, or some evidence of funds paid into trust demanded. This is more than 2% of twitters current value, which I last saw as $22b down from his purchase price at $44b. That's a hell of a lot of money. "I owe 2% of my company to basic employment law lawsuits plus costs" is a very weird definition of "genius move" What's a plausible defence? "I don't feel like paying" doesn't cut it for me, but I wonder if the strategy is to somehow wear people down to the statutory minimum as a get out, and pay off the lingering few with penalties in law for a tiny subset? I would think this strawman is a really bad model. So what's a good one? Truly, unless there is some getout I don't understand, he is heading to a massive, comprehensive loss in the courts or on the steps with costs. I really hope at some point he accidentally poop emojis the justice system and gets drunk-tanked for insulting the court.
- 3cats-in-a-coat 3y ago"Normal people" do the right thing because they believe the legal system works. Truth is it doesn't. If the "normal people" truly understood that, deep down, like billionaires and criminals do (I'm slightly redundant here, although not every billionaire is as reckless as Musk is), which means not simply complaining about it online or in a pub on Friday night at work, but grok it as in "I can take advantage of this" way... then society is over. You are surprised, because you think the system works. Most people are surprised. And every time someone like Musk shows us how you can disregard basic laws, morality, norms, the less surprised we are, and the more we begin to grok the situation.
- jakeinspace 3y agoSome day, this man may face the music. It’s unlikely, people like him rarely do, but he’s just so public (only Trump trumps him in that regard). The collective schadenfreude will be thunderous (or whatever sound schadenfreude makes).
- anonymousab 3y ago> the strategy is to somehow wear people down to the statutory minimum as a get out, and pay off the lingering few with penalties in law for a tiny subset? Yes and he likely sees it as both a fiduciary duty and a matter of Ego.