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“X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

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131–139 of 139 posts

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#131
post #97

Meta question: Does anyone know why negative Twitter/X stories tend to drop off the front page so quickly. It is now ranked 65 despite having a lot of votes in such a short time period. Just wondering if it's because it is heavily flagged or if the mods are intervening like they have in the past ?

It went from top of page 1 to page 3 by the time I came back to read the comments (less than an hour later). It's definitely someone playing games.

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Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#132
post #20
post #6

This reminds me, did Parag and other in the top management get their money? I didn't see any update on that.

Supposedly, they were dismissed for cause minutes before they would have been awarded millions in severance when the sale closed. I’m fairly sure I recall that Parag and colleagues sued because the dismissal for cause was an obvious stretch of the imagination.

Any one know the status of this lawsuit?

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#133

It’s basically a scumbag move to try to wear the former employees down. I imagine Twitter will just stonewall for as long as they possibly can. What real consequences could the officers of the company actually face that would encourage them to behave like adults?

In some places, and _generally_ California is one of them, certain executives and board members can be held personally liable for payroll issues.

Of course there must be a legal case, and enough money can buy some great attorneys, but there are laws that enable payroll disputes to pierce the corporate veil.

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#134
post #67

Earlier quoted context omitted.

Many employees stock options plans vest the options on change of control. All the ones I’ve had did.

What does that have to do with severance?

The severed employees likely had accelerated stock vesting the moment Elon took ownership.

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#135
post #116

Earlier quoted context omitted.

Because we should strive to improve discussions and pull them up to a higher level if possible. Especially on HN, where the comment section is actually useful instead of a cesspool of empty arguments and insults.

But saying "This line is a low-effort, cliché dismissal that does not engage the statement in a meaningful way" does none of the things you're hoping for, either. A much better idea is to down vote and move on.

If I downvote a comment, how is the author to know why? If I want to promote thoughtful discussion on HN, downvoting without explaining why does absolutely nothing to serve that goal.

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#136

Earlier quoted context omitted.

[flagged]

Please read the HN Guidelines, https://news.ycombinator.com/newsguidelines.html : > Please don't fulminate. Please don't sneer, including at the rest of the community. > Please don't comment about the voting on comments. It never does any good, and it makes boring reading. > Please don't post comments saying that HN is turning into Reddit. It's a semi-noob illusion, as old as the hills.

Okay white knight.

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#137

Earlier quoted context omitted.

But saying "This line is a low-effort, cliché dismissal that does not engage the statement in a meaningful way" does none of the things you're hoping for, either. A much better idea is to down vote and move on.

If I downvote a comment, how is the author to know why? If I want to promote thoughtful discussion on HN, downvoting without explaining why does absolutely nothing to serve that goal.

Not true, downvoted comments get dimmed and placed lower, so the majority of viewed comments will be higher quality.

It doesn't communicate anything to the author, true, but insulting them is still not going to get you any closer to your goal.

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#138

When do they start straight up garnishing X's bank accounts? This behavior is so shitty, indefensible and beyond absurd. I think we need stronger laws that force billionaires to pay when they think the rules just don't apply to them - it's clear they often feel that the sheer expense of the legal system is often a deterrent for poorer folks to get what they are owed. I hope all these folks get their severance, and ho…

> I hope all these folks get their severance, and hopefully with interest, legal fees and penalties. I wonder what percentage the legal team will take. I doubt this is happening pro bono.

A judgment would include legal fees, and depending on the state, X might be on the hook for triple damages. Plenty of money to go around, they just need to win in court.

Re: “X” Didn’t Pay Severance. Now It’s Facing 2,200 Cases – and Big Fees

#139

Earlier quoted context omitted.

That's not what the parent comment was referring to. Senior execs had golden parachutes they were due if they were terminated.

Why don't the people who actually do the work get golden parachutes?

[flagged]
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