Elon Musk Reaches Agreement In Lawsuit Of IDR 2.1 Trillion With Four Former Twitter Executives

Elon Musk has settled the lawsuit of former Twitter executives (photo: X @ElonMusk)

JAKARTA - Elon Musk is reported to have reached an agreement with four former Twitter executives who filed a class action lawsuit. This lawsuit demands a payment of 128 million US dollars (Rp 2.1 trillion).

The plaintiffs are former Twitter CEO, Parag Agrawal, Former Twitter Finance Chief Ned Segal, Former Head of Twitter Legal Section, Vihaya Gadde, and former Twitter General Law Advisor Sean Edgett. This lawsuit relates to the dismissal in 2022.

After buying Twitter, Musk fired the four people. The company should have paid severance pay, but Musk is claimed not to pay the rights of former workers. Musk fired the executives because of pressure from the executives.

They urged Musk to fulfill his 44 billion (IDR 726 trillion) purchase commitment. Although court documents have confirmed that both sides reached an agreement, details of the deal have not been disclosed.

It is not yet known whether Musk will pay severance pay according to the nominal demanded by the former executives. Previously, the plaintiffs stated that they were entitled to a one-year salary and a stock option worth hundreds of thousands of dollars.

This lawsuit is just one of a series of lawsuits that Musk has faced regarding the dismissal of Twitter employees. Previously, Musk had also settled a class action lawsuit involving 6,000 dismissed employees.

Many former employees have complained that they received incomplete severance pay. Some also admitted that they did not receive severance pay at all.