The social network
A former employee of the group, Mark Schobinger, sued the platform in June for breach of contract, arguing that Twitter had promised its employees a bonus for 2022 if they stayed at the company purchased by Elon Musk until the first quarter of 2023, the expected deadline for this payment.
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“Schobinger asserted a claim for breach of contract valid under California law. “He alleges that Twitter verbally promised to pay each employee a portion of the proposed bonus,” wrote Judge Vince Chhabria.
“And by refusing to pay Schobinger the promised bonus, Twitter breached that contract,” the judge said.
The social network can appeal the court's decision.
Now owned by Elon Musk and renamed Renowned Advertisers.
The company is now worth less than half of the $44 billion Elon Musk paid to acquire it in October 2022, according to internal documents sent to employees and reported by technology publication The Verge.