Twitter employees sue for ‘tens of millions of dollars’ in bonuses
- It is alleged that employees were promised 50 per cent of their 2022 bonus by executives, assurances made both before and after Elon Musk acquired the company
- Mark Schobinger, who filed the lawsuit on behalf of himself and other employees, says he turned down calls regarding other work because of the promised bonus
Twitter has added another lawsuit to its growing pile.
This time the lawsuit is a class-action filed by Mark Schobinger on behalf of himself and other current and former Twitter employees. The lawsuit alleged employees were not paid a proportion of their 2022 bonuses, despite repeated promises from top executives.
It was alleged in court documents that employees were promised 50 per cent of their 2022 bonus by execs, including Ned Segal, the company’s former chief financial officer. Schobinger, who was formerly Twitter’s senior director of compensation, claims in the suit that these assurances were made both before and after Elon Musk acquired the company in October.
However, in the first quarter of 2023 when the bonuses were due to be handed out, Twitter refused to pay them to employees who remained at the company, the suit alleged. Schobinger, who has left Twitter, said he turned down calls from recruiters and companies regarding other work opportunities because of the promised bonus.
In a statement, an attorney for the plaintiffs, Shannon Liss-Riordan said the bonuses Twitter owed amounted to “tens of millions of dollars.”