
Elon Musk recently reached a $128 million (approximately 913 million RMB) settlement with four former Twitter executives. The four executives, including then-CEO Parag Agrawal, CFO Ned Segal, and senior legal officers Sean Edgett and Vijaya Gad, were fired after Musk acquired Twitter in 2022.
The dispute stemmed from the executives' denial of severance pay, stemming from their insistence on Musk fulfilling his commitments to the $44 billion (approximately 313.911 billion RMB) acquisition when he attempted to withdraw. The lawsuit even cited controversial remarks from Musk's biography, alleging he threatened to "hunt down every single Twitter executive until their death."
While court documents confirmed the settlement, the specific terms have not been disclosed. This is not an isolated case; Musk previously reached a collective settlement with approximately 6,000 laid-off Twitter employees, many of whom complained of receiving no or only partial severance pay. This series of disputes has once again sparked discussions on employee rights protection after acquisitions by technology giants.