Twitter Employees Sue Social Media Company Over Unpaid Bonuses – News Block

Employees are suing Twitter for tens of millions of dollars in bonuses they say the social media company failed to pay despite promises it would.

The lawsuit filed Tuesday in federal court in San Francisco alleges that in the months leading up to billionaire Elon Musk’s acquisition of the company, executives, including former chief financial officer Ned Segal, “repeatedly” promised employees that they would it would pay 50% of its 2022 bonuses.

The lead plaintiff, Mark Schobinger, served as Twitter’s senior director of compensation until last month. The plaintiff’s attorneys are seeking class action status on behalf of current and former Twitter employees. Shannon Liss-Riordan, a lawyer for the plaintiffs, said the bonuses owed by Twitter run into “tens of millions of dollars.”

Twitter, which has disbanded its media relations team, did not respond to a message for comment other than with an automated reply. The company is facing multiple lawsuits from former employees, as well as unpaid rent and other unpaid bills.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top