Elon Musk and his social media company X Corp. have reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay .

Attorneys for X Corp. and the former Twitter employees reported the deal in a Wednesday court filing, in which both sides asked a US appeals court to delay an upcoming court hearing so that they could finalize a deal that would pay the fired employees and end the litigation. The financial terms of the deal were not disclosed.

Musk fired approximately 6,000 employees after his 2022 acquisition of Twitter , which he rebranded X. Several employees sued over their terminations and severance pay, and other lawsuits are still pending in courts in Delaware and California.

Elon Musk fired approximately

See Full Page