{"id":693861,"date":"2025-10-09T14:50:13","date_gmt":"2025-10-09T11:50:13","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/musk-settles-with-fired-twitter-execs-for-undisclosed-sum\/"},"modified":"2025-10-09T14:50:13","modified_gmt":"2025-10-09T11:50:13","slug":"musk-settles-with-fired-twitter-execs-for-undisclosed-sum","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/musk-settles-with-fired-twitter-execs-for-undisclosed-sum\/","title":{"rendered":"Musk settles with fired Twitter execs for undisclosed sum"},"content":{"rendered":"
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Elon Musk has agreed to pay an undisclosed sum to settle a dispute with four former Twitter<\/a> executives over their dismissal on the day he acquired the social network, now known as X, a court filing said on Wednesday.<\/p>\n

When the world’s richest man purchased Twitter for $44 billion in October 2022, he immediately fired CEO Parag Agrawal, CFO Ned Segal, and top legal officers Vijaya Gadde and Sean Edgett, accusing them of gross negligence and willful misconduct.<\/p>\n

The four executives sued in federal court in San Francisco in March 2024, seeking $128 million. They alleged they were dismissed without cause and that Musk then tried unsuccessfully to fabricate grievances against them.<\/p>\n

They also accused him of rushing the Twitter acquisition to deprive them of $200 million in stock options due the following day.<\/p>\n

The settlement amount for Musk is not specified in the provisional agreement submitted to a judge.<\/p>\n

It remains subject to several conditions. If those conditions are not met, the lawsuit will resume on October 31.<\/p>\n

The turbulent 2022 acquisition saw nearly two-thirds of Twitter’s workforce laid off and triggered multiple lawsuits from former employees, clients and contractors.<\/p>\n

In late August, Musk and X agreed to settle a class action and individual lawsuits filed by thousands of employees seeking severance payments.<\/p>\n

In March, the billionaire transferred ownership of X to his generative artificial intelligence startup, xAI.<\/p>\n

\n \u00a9 2025 AFP\n <\/p>\n

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\n Citation<\/strong>:
\n Musk settles with fired Twitter execs for undisclosed sum (2025, October 9)
\n retrieved 9 October 2025
\n from https:\/\/techxplore.com\/news<\/a>\/2025-10-musk-twitter-execs-undisclosed-sum.html\n <\/p>\n

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