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Elon Musk's X Settles $500M Lawsuit After Mass Layoffs

8/26/2025

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Story summary
  • Elon Musk's X settled with former employees over a $500 million severance lawsuit after mass layoffs.
  • Approximately 6,000 employees were terminated, leading to a class-action lawsuit by ex-employee Courtney McMillian.
  • The settlement terms are undisclosed and seek to resolve legal disputes related to severance payments.