US court X verdict: Bad news for Elon Musk
@abhi_bangal (5533)
Ahmednagar, India
November 7, 2024 8:32pm CST
A court in the US handed good news to Parag Agarwal, who was the ex CEO of Twitter. He was reportedly fired by Elon Musk after the billionaire took over the company. That was done to avoid them paying severance packages.
Was that wrong on the part of Elon Musk, if he has really done that?
10 people like this
11 responses
@snowy22315 (180743)
• United States
8 Nov
He's a jerk. No wonder Trump like him. They are two of a kind.
3 people like this
@snowy22315 (180743)
• United States
8 Nov
@abhi_bangal He may have contributed som money, but Trump had plenty of donors.
2 people like this
@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
@snowy22315 Oh yes. That's another angle that a man like Donald Trump is not lacking donors.
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@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
If what I have heard is right, Elon Musk has funded Mr Trump's election campaign. Am I right? Is there any truth in what I heard?
3 people like this
@kaylachan (69727)
• Daytona Beach, Florida
8 Nov
It was wrong, and not unusal. He's not the richest man for nothing. He's one of those who cut jobs and could care less about how it affected those losing those jobs. I don't know if this is true or not but wouldn't put it past him.
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@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
But I don't like to see such things if a boss is firing his employees like this. This is not the way to get rich. Everyone should respect the agreement done at time of getting jobs. Both parties agreed bound to do that. I think the court has taken the correct decision.
By the way, on a lighter note, I have found a way to accumulate wealth from @porwest, Jim Bauer
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@kaylachan (69727)
• Daytona Beach, Florida
8 Nov
@abhi_bangal We have a lot of people who do things that aren't right. Who believe that once you're let go, you don't deserve any form of payments. Its sad, but a lot of jobs don't do severange packages. Just top teir office jobs do. It's wrong, sure,but it happens. I don't have to like it. But then I never worked for him, either.
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@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
@kaylachan Jobs not giving severange packages started only recently or was it in place long back? I think at least couple of decades back or something like that period the severange packages might be there. The financial conditions started deteriorating only after that. Am I right? The worst was the 2008 recession.
Here in India, the people who got government jobs after 2001, aren't entitled to pension after retirement. That is what I know about India. Maybe the situation might not be the same over there.
You said there are a lot of people who don't do the correct things. At times I wonder what's happening to the US. Because as non-US people, we have a very different image of your country. But when I read such comments from US citizens, it's changing the perspective that we have towards the country.
2 people like this
@ptrikha_2 (46954)
• India
8 Nov
Elon Musk works a lot on instinct.
The way he acquired twitter, changed rules, fired people and changed the work culture was too quick and a bit controversial.
So the court verdict looks justifiable.
Let's see how the things move !
2 people like this
@ptrikha_2 (46954)
• India
9 Nov
@abhi_bangal
I even read that Elon Musk makes very high demands on his senior and excellent employees.
Very difficult to work under him!
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@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
I agree with you. But let me just say that working on instinct is one thing and firing employees is another. There are so many legendary people in the business circle. But changing the work culture swiftly doesn't make any sense.
No matter, Elon Musk is a big name in the world. But just see where our great Mr. Ratan Tata stands and where's Mr. Musk when it comes to looking after their employees.
2 people like this
@ptrikha_2 (46954)
• India
10 Nov
@abhi_bangal
Things like expecting them to work almost 20 hours a day.
Plus expecting very quick and precise answers for each problem.
And a few more hard questions in a very rude manner.
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@wolfgirl569 (106298)
• Marion, Ohio
8 Nov
Yes he would do that and hopefully the that parag Agarwal gets a huge settlement
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@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
No one grows the way someone things as Elon Musk does, if I were to interpret your response. Be it the growth of your business, or the growth of your country. When it comes to growth, an individual as such can never grow. He has to have a team with him. It's a give and take affair. Only then it is possible to see someone growing and being better in relations as well as finance.
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@LindaOHio (178701)
• United States
8 Nov
I have nothing good to say about Elon Musk. Have a good weekend.
2 people like this
@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
This in itself is a huge comment, Linda. Not saying anything means saying so many things in the real sense.
You too have a good weekend.
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@abhi_bangal (5533)
• Ahmednagar, India
9 Nov
But now that his good "friend" is donning the top office, you never know
1 person likes this
@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
Definitely. If so many people are thinking on these terms as you said, it's very easy to understand his working style and the way the culture in his company's could be. It might be giving the employees a fear in the back of their minds, that even if you are working for a man like Elon Musk, it's no guarantee that they will continue their jobs. Going to the office one may find out that he is no longer working for him
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@anya12adwi (9474)
• India
8 Nov
Elon Musk is such a manchild! He took his package and helped Amber Heard with her court case in England and paid her donation!
1 person likes this
@abhi_bangal (5533)
• Ahmednagar, India
18 Nov
True. It's his money and he has all the rights in the world to do whatever he wants. But above and beyond everything else there is what we refer to as paying back to the society. When management changes take place or a change like the one we are talking about, as @kaylachan said that's natural order, but this is risky, right? I mean the workers who are already working in the company are there because they are capable of running company like X.
I can understand that new heads have their own aims, targets, and vision to develop their company. But that can also be fulfilled with the help of the current employees.
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@kaylachan (69727)
• Daytona Beach, Florida
18 Nov
@abhi_bangal It's not uncommon for a person to decide that they want new people. And, it wasn't really that simple. We're talking about a change in ownership. So the other guy naturally would've had to step down and take a pay cut. And, to prevent clashing, leaving was the better option.
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@Ghostlady (1304)
• United States
8 Nov
In Florida it is common practice when a place closes down or changes management you can lose your job. Years ago the Jr. Stores (convenient stores) closed down...no warning..people went to work and found a sign on the doors saying they no longer had a job. There were 100's of their stores. Ruby Tuesday restaurant at the mall here closed...people came to work and a sign on the door Closed.
As far as Paraq..he may have had a contract that stated he was to receive a severance package, and Elon just wanted to get rid of the upper people of Twitter because of all the sensoring that went on.
2 people like this
@abhi_bangal (5533)
• Ahmednagar, India
8 Nov
Whatever you mentioned in your opening comments can become a bone of contention. You said it's a common practice in Florida that when a place closes down or any management changes, one can lose their job. Agreed. You gave a couple of examples explaining the same thing. But here the question is regarding the social platform like Twitter. And when it comes to such a platform the entire world, uses I am sure there are a whole lot of nuances regarding the agreement from both the employer and the employee.
Though the closing down of Jr. Stores or Ruby Tuesday can affect only a handful of people, I feel it a bit difficult to run the same logic with a platform like X. Secondly, we also don't know what exactly the agreement details between the two concerned people were. That is why, I said that this is a bone of contention.
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