Tag: Twitter

Former employees of Twitter Africa who were laid off as part of a global cost-cutting measure after Elon Musk’s acquisition have not received any severance pay more than seven months since leaving the company, several sources told CNN. In late May, the former employees, who were based in the Ghanaian capital Accra, accepted Twitter’s (TWTR) offer to pay them three months worth of severance, the cost of repatriating foreign staff and legal expenses incurred during negotiations with the company. But they have not received the money or any further communication, the sources said. “They literally ghosted us,” one former Twitter Africa employee told CNN. “Although Twitter has eventually settled former staff in other locations, Africa staff have still been left in the lurch...

A Delaware judge agreed to fast-track the case with an October trial date instead of February that Musk wanted. Twitter Inc. scored an early win against Elon Musk in its fight to make him complete his $44 billion buyout, as a Delaware judge agreed to fast-track the case with an October trial date. Chancery Court Chief Judge Kathaleen St. J. McCormick on Tuesday scheduled the trial for five days in the fall, instead of two weeks in February as the billionaire requested. Twitter argued it was suffering under the Tesla Inc. founder’s withdrawal from the deal and disparagement of the social media company. The ruling marks the first victory for Twitter in a case in which many legal experts say Musk will be the underdog. In a hearing in Wilmington, the judge made clear she saw little...