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Claim: Twitter Execs Fired FOR CAUSE -- No "Golden Parachutes"

Twitter executives let go after Elon Musk took over the company, may not get their $20-$60 Million "Golden Parachute" payments because Musk allegedly fired them FOR CAUSE.   That means they were let go for a reason OTHER THAN Musk buying the company!   Being fired FOR CAUSE may negate the Golden Parachute payments!

When the Buyout Agreement between Twitter and Musk was negotiated, the top executives were assured they would get large payments if their leaving was simply a part of the takeover.   But apparently, Mr. Musk found out something the Executives may have done, or perhaps something they may have said/represented to him, which may not have been truthful, and Musk has now fired those executives FOR CAUSE.

Two sources familiar with the situation told the New York Times that would mean the Executives didn't leave the company simply as part of Musk's takeover, they were fired for justifiable reason.

While there will likely be heavy litigation over the matter, for the time being it looks as though none of those executives will get their multi-million dollar golden parachutes.

 

 

Comments   

# Fired for cause?Paul Lambert 2022-10-31 15:07
In any society where there is truly freedom of association, an employer can fire anyone at his discretion. The reasons can be good or bad. Sure, terms of dismissal can be set out in a contract when you first take the job, and maybe those terms can include parachutes. That is the responsibility of the employee to find out and negotiate different terms, but a job is a relationship like any other. If one party wants out, then the relationship is over.

It is sick that we live in a world now where it is easier to get a divorce than than to fire an employee. Screw that!
# BOTS of Spam AccountsFaith11 2022-10-30 23:52
"Trump doesn't think Elon Musk is going to acquire Twitter. ..." it is a company
largely based on BOTS of Spam Accounts," Trump posted that a few weeks back .
I wonder if that is the reason.
# For cause...Nostros 2022-10-30 19:02
because they lied about the number of bots. I bet he found that Twitter was running a significant number of them themselves. It would explain why he had Tesla engineers lockout everyone at Twitter without notice. If they find/found code running bots then he's got all of them on fraud.
# Elon Musk Deletes Tweet re: Paul Pelosi's attacker was Gay Prostitutewatchmann 2022-10-30 17:33
Well I think we got our answer here about whether or not Musk is still a WEF puppet:

Elon Musk DELETES tweet to Hillary Clinton suggesting Paul Pelosi's attacker was gay prostitute

https://www.dailymail.co.uk/news/article-11370729/Elon-Musk-shares-tweet-suggesting-Paul-Pelosis-attacker-GAY-PROSTITUTE.html

The deletion of the tweet, I think, speaks volumes about Freedom of Speech on Twitter.

2nd thoughts: Musk is worth a lot of money, and making a comment about Pelosi's husband being gay, might result in a defamation lawsuit from the pelosi's.

If a no body makes a comment like that, it might slide, because nothing to gain by suing, no $$$.
# Elon Musk's Twitter Reportedly Re-Bans White Nationalist Nick Fuentes (archive.ph)watchmann 2022-10-30 19:37
Not a good sign:


Elon Musk's Twitter Reportedly Re-Bans White Nationalist Nick Fuentes (archive.ph)

https://archive.ph/Jdth7
# MORE BAD NEWS re: No Free Speech at Twitter Bans Continuewatchmann 2022-10-30 19:48
Elon Retweets Twitter Safety Jew Who is Banning N-Word Sayer Accounts (dailystormer.in)

https://dailystormer.in/elon-retweets-twitter-safety-jew-banning-n-word-sayer-accounts
# ick Fuentes, Alex Jones, Andrew Tate on the List of People ADL Says Elon Can Never Allow Back on Twitterwatchmann 2022-10-30 20:42
Nick Fuentes, Alex Jones, Andrew Tate on the List of People ADL Says Elon Can Never Allow Back on Twitter – Daily Stormer (dailystormer.in)

https://dailystormer.in/nick-fuentes-alex-jones-andrew-tate-on-the-list-of-people-adl-says-elon-can-never-allow-back-on-twitter
+1 # IT WAS THE BESERLEY PRESSPSKYWAY 2022-10-30 18:27
that said it, he just re-posted. Santa Monica Observer https://twitter.com/JackPosobiec/status/1586717770795945985?s=20&t=H5wSbWqREYkK97uxCsQoZg

and here it is

https://web.archive.org/web/20221029193056/https://www.smobserved.com/story/2022/10/29/news/the-awful-truth-paul-pelosi-was-drunk-again-and-in-a-dispute-with-a-male-prostitute-early-friday-morning/7191.html
+1 # Santa Monica Observer--Beserkley PressPSKYWAY 2022-10-30 18:30
The Awful Truth: Paul Pelosi Was Drunk Again, And In a Dispute With a Male Prostitute Early Friday Morning.
+2 # Good!Smiley1984*! 2022-10-30 17:24
Good!

There are a lot of Government officials and advisers, media personnel, NGO's, World organisations, and Medical staff that should have the same treatment!

They have got away with their crimes and corruption for TOO LONG.
# schedule FPSKYWAY 2022-10-30 18:23
FORTHWITH! YOU'RE FIRED!
# RE: Claim: Twitter Execs Fired FOR CAUSE -- No "Golden Parachutes"BeenThere 2022-10-30 13:09
Welcome to the real world.......
+5 # twitsjrace 2022-10-30 10:40
I say good....bout time....and it may not completely go back, but at least its a start...actually, too late now....but good for Mr. Musk.
+4 # Severence paymentsstandingwave 2022-10-30 10:35
Denial of severance payments might not be the only path available to Musk. He might also sue them for large sums of money for damages from fraud, breech of contract, etc. These former executives might have a lot they would like to hide during the discovery phase of litigation, things which might implicate many others in government or other large corporations for things like conspiracy to deny civil rights to large numbers of people.

This leads to other questions. Will twitter henceforth will be vulnerable to class-action lawsuits for actions taken under the previous leadership? If so, might that legal action be initiated or backed by the former executives in order to damage Musk? The show might have only begun.
-5 # █▓▒░ Sadness is upon us all ░▒▓█Palehorse 2022-10-30 09:52
|

I feel for the Exec's over their lose, especially after their dedication
and unceasing sacrifice and toil keeping us safe from the uncensored.
There is no safe asylum anymore.

And on top of such sorrow, all hope at the alter of Paypal is lost.
+1 # Great sarcasmJessiebeaner 2022-10-30 10:34
Love it!
+4 # RE: Claim: Twitter Execs Fired FOR CAUSE -- No "Golden Parachutes"Gunner 2022-10-30 09:44
To hell with those awful human beings. Actually HANG them along with all of the govt buffoons.
+4 # Good they were allsupporttheblue 2022-10-30 09:31
Commie bastards.
+19 # Ma$$ive crocodile tears are falling...MissinD60s 2022-10-30 08:31
I'll take a moment, n enjoy the show. Gotta find laughs wherever you can in these dire times.
+4 # RE: Claim: Twitter Execs Fired FOR CAUSE -- No "Golden Parachutes"hws 2022-10-30 08:28
Witzigerweise ist Elon auch der größte private Auftragnehmer des US-Militärs (SpaceX)
Da kann man schon vermuten, das er gebrieft ist und er nicht zufälligerweise die Echokammer des DeepState aus dem Siel nimmt.
...und alles andere was Elon ist oder sein soll.... könnte nur eine glitzernde Fassade sein - Ablenkung sozusagen :-)
+7 # RE: Claim: Twitter Execs Fired FOR CAUSE -- No "Golden Parachutes"hws 2022-10-30 08:30
Funnily enough, Elon is also the largest private contractor to the US military (SpaceX).
So one can already assume that he is briefed and he doesn't happen to take the DeepState echo chamber out of the game.
...and everything else Elon is or should be.... could be only a glittering facade - distraction so to speak :-)
+1 # Twitter a Honeypot Trapwatchmann 2022-10-30 16:45
Yes, I worry that Twitter is just a honeypot to entrap people. Collect data on who is who.

Whenever they require a phone number for you to post......you are being tracked and all your data collected and stored, to someday use against you......when the USA falls to FULL Communism.
+5 # Dog And PonyYogacat5 2022-10-30 08:13
Just keep in mind that Elon is NOT your friend. He is NOT fighting for freedom of speech. He does NOT care about the "little people" or their "rights".

However, he IS a multi-billionaire. He IS a WEF member. He IS part of the New World Order. He wants to put a computer chip in your brain so everyone is connected, tracked, and controlled.

The Twitter takeover is a dog and pony show. Meet the new boss, same as the old boss.
+11 # Allies usually aren't perfect.MissinD60s 2022-10-30 08:28
Sorry Yogie, but I disagree..Musk was in the WEFfer club. Then, he started warming people about them. After a lil WEFfer backlash, he appeared to fall back in line. Now, he's throwing an apparently big monkey wrench in their plans, again. We'll see. His brain-wiring kiosks are supposed to appear a year ago, n still haven't. Right now, Musk is doing a lil good. I'll take it. Doesn't mean I'd ever trust him to watch the kids.
+2 # Is Musk Controlled Opposition? Still on a WEF leash?watchmann 2022-10-30 16:53
I believe we are going through a great big test right now.

Patriots have come out of the woodwork, and posts are funny a heck and hitting the obvious nail on the head......which means exposing readers to the unvarnished Truth. The limits are being tested right now.

Unbelievable posts have been made about how the Jews are running absolutely everything in this country.
+4 # Outstanding!dg 2022-10-30 08:13
See it through the end Elon, and enjoy it endlessly.
+4 # Gagging orderscarlireland34@gmail.com 2022-10-30 08:12
Maybe - in a "normal" purchase the agreement specifies that the execs cannot be prosecuted for any past crimes uncovered by the new owner.
By challenging their golden parachutes such crimes could be aired in court.
+6 # Fired for CauseJMonday 2022-10-30 08:06
Oh no. That's just too bad. How will those poor folks survive without their million dollar payout? Oh the humanity!!
/sarc
+3 # FUCK UMrogue_ 2022-10-30 07:48
Your fired for being a lying asshole.
+10 # Re For Causexyz-ijk 2022-10-30 06:41
Could it possibly be that the fired execs lied about the number of bot accounts that twitter created to sway public opinion? Remember, twitter contended that less than 5% of accounts were bots, which is probably a HUGE under reporting.
+6 # Banning President Trump's accountCloudNebula 2022-10-30 06:22
is plenty just cause for me, as well as everyone else.
+2 # RE: Banning President Trump's accountRockyMountainBeerMan 2022-10-30 06:58
.
Sorry, should have been a thumbs up!
.
+7 # Wow!Mel 2022-10-30 06:18
That boy, he do have style!

Go Elon!!!!
+15 # Robert Dziokrddziok 2022-10-30 06:13
"FOR CAUSE" - BeCAUSE they were TRAITORS suppressing Free Speech guaranteed by the First Amendment of the Constitution!

 

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