Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

business news and trends

business news and trends

Sacked Twitter Employees in Ghana Receive Compensation

Sacked Twitter Employees in Ghana Receive Compensation
Sacked Twitter Employees in Ghana Receive Compensation

Listen to the article now

Sacked Twitter Employees in Ghana Receive Compensation

X, formerly known as Twitter, has reportedly settled the redundancy payments for the staff it laid off in its African headquarters over a year ago. The employees, based in Accra, Ghana, were terminated in November 2022, prompting threats of legal action for the alleged failure to fulfill promised redundancy payments. Elon Musk, who took control of the company in 2022, implemented a massive global employee reduction, terminating over 6,000 individuals due to financial challenges.

The African staff, numbering fewer than 20, had recently transitioned to X’s new office in Accra after around eight months of remote work during the COVID-19 pandemic. Agency Seven Seven, representing the staff, confirmed that it successfully secured a redundancy settlement and repatriation expenses for foreign staff, though the exact amount was not disclosed. The legal representation expressed satisfaction on behalf of the staff, noting their relief in resolving the issue and looking towards the future.

Previously, sacked employees accused X of negatively impacting their mental health and finances, claiming they were initially promised one more month of pay upon contract termination but received no further salary payments. Some had relocated from neighboring countries, such as Nigeria, and found themselves stranded in Ghana due to the abrupt termination of their contracts.

Elon Musk had mentioned the reduction in X’s workforce in previous statements, asserting that laid-off employees received three months’ severance pay. However, the African office staff disputed this claim, stating they did not receive the promised severance.

The settlement reportedly occurred after negotiations initiated by X following media coverage, and the company has not officially commented on the matter. Last year, X faced a lawsuit from ex-employees in California, accusing the company of failing to fulfill promised severance packages totaling at least $500 million.


Comment Template

You May Also Like

Economy

Ghana achieved a historic $5 billion trade surplus in 2024, driven by a 50% surge in gold export revenues to $11.6 billion. While this...

Business

Major banks, led by Morgan Stanley, are preparing a $3 billion discounted debt sale tied to Elon Musk’s $44 billion X acquisition. Set for...

Economy

The social networking site claimed that Alexandre de Moraes, a judge on Brazil’s highest court, had threatened to imprison its Brazilian legal counsel unless...

Business

About two years after Elon Musk bought Twitter and transformed it into X, the billionaire is using its capacity as a source of real-time...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok