• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Trauma Healing Through Tantric Work

May 24, 2025

130 Short Good Morning Quotes for Work and to Start The Day in a Positive Way

May 23, 2025

New AI Model Would Rather Ruin Your Life Than Be Turned Off, Researchers Say

May 23, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, May 24
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    New AI Model Would Rather Ruin Your Life Than Be Turned Off, Researchers Say

    May 23, 2025

    Pharma Giant Buys Bankrupt DNA Collection Company, Acquiring Access To Largest Genetic Database On Earth

    May 20, 2025

    EXCLUSIVE: Massive Telecom Merger Champions Workers In A Way Biden Admin Never Could, FCC Chair Says

    May 20, 2025

    China’s Economy Stumbles As It Fails To Shake Off Trump’s Tariff Gut Punch

    May 19, 2025

    NVIDIA’s New Robot Uses Fake Data To Learn Faster Than Humans Can Teach

    May 19, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Tech»Elon Musk’s X/Twitter Welshed on Promise to Pay Employee Retention Bonuses
Tech

Elon Musk’s X/Twitter Welshed on Promise to Pay Employee Retention Bonuses

December 16, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

According to a class action lawsuit filed against Elon Musk’s X/Twitter, the company refused to pay bonuses it promised to employees to keep them from seeking new jobs after Musk’s takeover. The company has argued that oral promises of bonuses made to employees are not legally binding, calling into question just how far Silicon Valley can push its legal obligations to workers.

Courthouse News Services reports that the responsibility of companies to pay bonuses they promise to employees is being tested in a recent class action lawsuit against Twitter, now known as X. The lawsuit arose following Elon Musk’s acquisition of the company in October 2022. Central to the controversy are the oral promises made to employees about bonuses for staying with the company during the transition period.

Elon Musk looks puzzled

Elon Musk and his giant glowing X (Anadolu Agency/Getty)

Initially, these promises were made by executives, including the former chief financial officer, who assured employees of receiving bonuses at “fifty percent of target.” These assurances, according to the lawsuit filed by Mark Schobinger, a former senior director of compensation at Twitter, played a significant role in employees’ decisions to remain at the company. Corporate employees, especially in the competitive Silicon Valley economy, are more likely to stay through a transition period when they know they will receive a bonus for not jumping ship.

However, Twitter’s legal stance, as presented by attorney Eric Meckley, is that these oral commitments do not hold legal weight. During a hearing at the U.S. District Court for the Northern District of California, Meckley emphasized that there was no written or signed agreement regarding these bonuses. Twitter’s argument hinges on the principle that verbal promises cannot legally modify the terms of their existing employment contracts.

See also  95% of NFTs Are Completely Worthless as Collectible Market Collapses

On the other side, Schobinger’s legal representation, Shannon Liss-Riordan, contends that these oral promises constitute a reasonable basis for employees to expect the bonuses. The lawsuit leverages the doctrine of promissory estoppel, which deals with the reliability of a promise made by one party to another, especially when the latter party has acted based on that promise.

The case is Schobinger v. Twitter, 3:23-cv-3007, in the United State District Court Northern District of California San Francisco Division.

Read more at Courthouse News Services here.

Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship.

Bonuses Elon Employee Musks pay promise retention Welshed XTwitter
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump Admin Greenlights Installation Of Elon Musk’s Starlink On United Airlines Planes

April 1, 2025

Pakistan Welcomes Starlink. But Can It Deliver on Its Promise?

March 29, 2025

Will Uzbekistan’s 31-Year Effort to Join the WTO Finally Pay Off?

March 12, 2025

California Guts Social Media Content Moderation Law After Settling Suit With Elon Musk

February 25, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

17 Years Later, Katrina Victims Still Victims of Brad Pitt’s ‘Sustainable’ Home Debacle

April 18, 2023

China Addresses Investor Concerns in Meeting With Global Funds

July 23, 2023

$13 Ordinary Glycolipid Cleanser Outperforms Luxury

May 22, 2023

REPORT: Former NBA Star Shawn Kemp Arrested After Alleged Drive-By-Shooting

March 11, 2023
Don't Miss

Trauma Healing Through Tantric Work

Lifestyle May 24, 2025

Trauma can leave deep imprints on the body and mind. Tantric massage offers a pathway…

130 Short Good Morning Quotes for Work and to Start The Day in a Positive Way

May 23, 2025

New AI Model Would Rather Ruin Your Life Than Be Turned Off, Researchers Say

May 23, 2025

Can Technology Help You Sleep Better?

May 23, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,130)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,643)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

3 players you can pick as captain or vice-captain for today’s ICC ODI WC Qualifiers match – June 19, 2023

June 19, 2023

UK Police Arrested Autistic Girl for Saying Officer Looked Like a Lesbian

August 15, 2023

Kim Kardashian Responds to Kanye West Antisemitism on Hulu Episode

July 6, 2023
Popular Posts

Trauma Healing Through Tantric Work

May 24, 2025

130 Short Good Morning Quotes for Work and to Start The Day in a Positive Way

May 23, 2025

New AI Model Would Rather Ruin Your Life Than Be Turned Off, Researchers Say

May 23, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.