Elon Musk, the renowned tech visionary, is once again making headlines with his bold decisions and remarks. This time, he’s issued a stern warning to former Twitter employees, demanding the return of what he claims were overpaid severance packages.
After acquiring Twitter in 2022 and rebranding it as X, Musk initiated massive layoffs, reducing the workforce by about 80 percent. The terminated employees received compensation at the time of their departure. However, it has now come to light that some ex-employees, particularly in Australia, were overpaid due to errors in currency conversion and share valuation.
The Sydney Morning Herald reported, citing sources from X’s Asia Pacific human resources department, that the company has reached out to these former employees via email, requesting the return of the excess payments. The amounts in question range from $1,500 to $70,000, with six ex-employees already receiving legal notices.
This development follows serious allegations made by former employees a few months ago regarding their severance packages. They have filed lawsuits claiming they were entitled to significant compensation, including a year’s salary and the value of their stock awards. The employees accused Musk of attempting to shirk these financial obligations.
As this legal battle unfolds, the tech world watches closely to see how Musk will navigate this latest controversy surrounding his leadership of the social media giant.