“Elon Musk’s X Requests Repayment for Accidental Overpayments to Former Employees”
Elon Musk’s X, formerly known as Twitter, has asked sacked employees in Australia to return money that the company claims was accidentally overpaid to them. The social media platform acknowledged errors in currency conversion from US to Australian dollars, resulting in overpayments ranging from $1,500 to $70,000 per employee.
Elon Musk’s X, formerly known as Twitter, has asked sacked employees in Australia to return money that the company claims was accidentally overpaid to them. The social media platform acknowledged errors in currency conversion from US to Australian dollars, resulting in overpayments ranging from $1,500 to $70,000 per employee.
According to a report by the Sydney Morning Herald, at least six former X staff members have received legal notices asking for repayment of the excess amounts. The company’s Asia Pacific human resources department sent emails to several former employees, citing “significant overpayment” errors in January 2023 and requesting prompt repayment.
The overpayment issue is linked to “deferred cash compensation” in the form of employee shares issued by X when they joined Twitter. This situation adds to the company’s ongoing legal challenges, including accusations of labor and workplace violations such as failing to provide severance pay to thousands of workers terminated after Musk’s acquisition of X for $44 billion in 2022.
Previously, former Twitter employees voiced grievances about being deprived of severance pay following Musk’s acquisition of the social media platform. These incidents underscore ongoing issues regarding compensation and employment practices within Elon Musk’s X.
Sources By Agencies
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