The British are coming -- and this time it's for Big Tech. The UK's antitrust regulator, the CMA, announced Tuesday it's launching an... Read More...
Reuters
Twitter says lawsuit over layoffs lacks merit and has delayed severance pay
Twitter Inc has told a federal judge in San Francisco that a lawsuit claiming the company violated U.S. law by laying off thousands of workers without notice is baseless, and moved to send the claims to arbitration. The court filings made late Monday mark Twitter’s first response to the proposed class action, which was brought earlier this month under a federal law requiring 60 days’ notice before engaging in mass layoffs. Twitter has laid off about 3,700 employees – half of its workforce – and hundreds more have resigned since the company was acquired last month by Elon Musk, the world’s richest person.
