In Twit news: eviction and lawsuits
Jun. 21st, 2023 01:27 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
thewayneThe Muskbro bought the company in October 2022. Many Twitter employees stayed on for the expected and promised annual bonus that was normally paid out in the first quarter of the year, bypassing job offers for new and better positions.
Care to guess whether or not the bonus was paid?
A class action lawsuit has been filed for non-payment, saying over $5,000,000 is owed to current and former employees.
In other news of the Twitterverse, employees of a Denver-area office building - I think I drove past it once or twice - were EVICTED for rent non-payment. The landlord had access to a slush fund and when rent wasn't paid they accessed it, which activated a legal requirement that Twitter replenish the slush fund. They did not, and the landlord began eviction proceedings, which culminated in the building being vacated earlier this month.
According to the Ars article linked below, there are TWENTY lawsuits against the Mustbrat for nonpayment of various services, including the lease on the HQ in San Fran.
https://arstechnica.com/tech-policy/2023/06/musk-owned-twitter-stiffed-employees-on-promised-bonuses-class-action-says/
Care to guess whether or not the bonus was paid?
A class action lawsuit has been filed for non-payment, saying over $5,000,000 is owed to current and former employees.
In other news of the Twitterverse, employees of a Denver-area office building - I think I drove past it once or twice - were EVICTED for rent non-payment. The landlord had access to a slush fund and when rent wasn't paid they accessed it, which activated a legal requirement that Twitter replenish the slush fund. They did not, and the landlord began eviction proceedings, which culminated in the building being vacated earlier this month.
According to the Ars article linked below, there are TWENTY lawsuits against the Mustbrat for nonpayment of various services, including the lease on the HQ in San Fran.
https://arstechnica.com/tech-policy/2023/06/musk-owned-twitter-stiffed-employees-on-promised-bonuses-class-action-says/
no subject
Date: 2023-06-21 10:52 pm (UTC)For most people lawsuits are expensive, but if you already have lawyers on salary, the marginal cost could be lower than paying. Apparently Trump was the master of this, not even paying some of his lawyers.
https://www.usatoday.com/story/news/politics/elections/2016/06/09/donald-trump-unpaid-bills-republican-president-laswuits/85297274/
no subject
Date: 2023-06-22 09:40 pm (UTC)Some rich people do this, but as a rule not 'old money' rich people. Ol' Donny is not 'old money'. With the Muskbrat, it's hard to say. He came from a rich family, but he's certainly being a jerk to people whom Twitter legitimately owes money. If he's just stalling for cash and time to get his feet under him while reorganizing things, there's better ways to do this than just shafting creditors.