Tens of millions of dollars in incentives are the subject of a lawsuit brought by Twitter employees who claim the social media corporation did not honour its commitment to pay them.
According to a complaint filed on Tuesday in federal court in San Francisco, officials, including former finance head Ned Segal, “repeatedly” assured staff members that 50% of their 2022 incentives would be paid in the month before entrepreneur Elon Musk bought the business.
Mark Schobinger, the principal plaintiff, was the senior director of pay at Twitter up until last month.
On behalf of current and former Twitter workers, the plaintiff’s attorneys are requesting class action status. The incentives Twitter owes, according to Shannon Liss-Riordan, a counsel representing the plaintiffs, are in the “tens of millions of dollars.”
Twitter has ceased operations:
An inquiry for comment was not answered by Twitter, which has dismantled its public relations department, other than with an automatic response. The business is being sued repeatedly by former workers, as well as for unpaid rent and other liabilities.
“Twitter refused to pay employees who remained employed by the company in the first quarter of 2023 any bonus,” the employees said.
Mark Shobinger, who until late last month served as Twitter’s senior director of pay, filed the proposed class-action complaint on behalf of current and past workers who started working for the company in the first quarter of 2023 but did not get their bonus. According to the lawsuit, the position initially involved managing executive and incentive pay, but in November his duties were expanded to cover staff compensation internationally.
Twitter’s public relations team was dismantled, and the company doesn’t reply to inquiries for comment.
The business has been sued multiple times since Musk’s takeover for allegedly failing to pay its debts, including rent, as well as by former workers seeking severance and back pay.
According to the complaint, the social media firm has routinely established a target for its bonus plan, which is financed throughout the year and pays out at least half of the objective each year.
The workers claim in the complaint that Twitter’s management repeatedly vowed to pay their yearly bonus for 2022 in accordance with the Bonus Plan both before and after Musk’s purchase was finalised in October 2022.
Shobinger claimed he left Twitter because the company broke a number of agreements made to its staff, including its unwillingness to pay the incentives. In a breach lawsuit, he
