Elon Musk’s X, accused of withholding bonuses promised to staff, will have to face a court battle | CNN Business
https://www.cnn.com/2023/12/25/tech/x-bonus-lawsuit/index.html New York CNN — A federal judge has ruled that X, formerly Twitter, must face a lawsuit after staff accused the company of failing to pay bonuses promised to them. The judge on Friday denied X’s motion to dismiss the case. X stands accused of failing to pay out annual bonuses to staff after its October 2022 acquisition by billionaire Elon Musk – despite repeated assurances from executives in the lead-up to and following the deal that the company would do so, according to a lawsuit filed in June 2023 on behalf of employees. The lawsuit was filed in a San Francisco federal court by Mark Schobinger, who was a senior director of compensation at X until he left the company in May. The suit is seeking class action status for former and current X employees who did not receive their 2022 bonus.
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Gunnar Larson