Remember when Elon Musk was a gilded boy wonder who could do no wrong? Yeah, neither do we. After mortally botching the merger agreement to make his online goof into a $44B reality, Musk enjoyed the greatest destruction of wealth in human history. Twitter’s transition to a TaaS company (Trolling as a Service) has hemorrhaged cash and users, while Musk has gone around trying to publicly fire a guy with muscular dystrophy for doing “no actual work.”
As you might imagine… this did not work out for Elon.
Haha this dude just got Elon to fire him publically, trip a termination buy out clause in his $100M contract as an acquired founder, and sunk Musk to his eyeballs in employment law liability.
Might be the best outro if all time.
— banjo finn (@SimplePhishin) March 7, 2023
Most Twitter employees do not enjoy a $100 million severance clause. But there are a lot of Twitter employees getting laid off and Twitter has made some promises about severance that are, shall we say, not materializing at the moment.
Since everyone at Twitter exists in a modified Schrödinger’s Cat scenario as both employed and unemployed until the probability wave collapses upon the 50-50 shot of Musk approving of the latest Bored Ape, now might be a good time to discover what’s really in your contracts.
As it happens, Zuva, the artificial intelligence-driven contract analysis tool, just dropped a new option this week that can help employees — at Twitter or anywhere else — figure that out. And it’s...
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