Billionaire Elon Musk and his social media firm X have arrived at a temporary disposal with former employees, who filed a case for $ 500m (£ 373m) in a severed salary.
The parties reported to be filed in a court on Wednesday, jointly requested the US appeal court in San Francisco to postpone an upcoming hearing to give time to settle the paperwork.
Some workers sued the company on their termination and dissection packages, some after 6,000 employees – more than half of its workforce – was dismissed as part of the cost cut measure after capturing the company in 2022.
The BBC has approached X – Twitter – and lawyers in the east represented employees for comment.
According to the court documents observed by the BBC, “Parties have reached a compromise agreement in principle and have started dialogue on the terms of a long time settlement agreement.”
The details of the agreement are not yet public and they will need court approval.
The lawsuit led by former Twitter employee courtney McMilian says that about 6,000 people were wrongly denied benefits under the company’s dissection scheme.
He argued that the firm had failed to provide payments as a value of six months of salary, among other conditions.
But Twitter gave only one month’s dissected salary to the dismissed workers, while some found nothing as per the case.
Musk rinse thousands of Twitter staff globally, reducing the trust’s trust and security, human rights and media teams.
Twitter’s trimmed costs were early in a series of trimmed between technical firms to cut the cost. Rank-end-file workers were often closed earlier.
Many companies moved to a hiring spree during the early days of the Kovid -19 epidemic, when the use of the digital tool increased.
Companies like Facebook, Google and Microsoft closed thousands of workers in the following years.
Musk, who was appointed to the Department of Government Efficiency of President Donald Trump for several months, took similar steps when they rinse thousands of federal workers earlier this year.
The department was tasked with reducing the expenditure of the US government and cutting jobs.
Additional Reporting by Lily Jamali