Elon Musk’s X has moved to settle thousands of cases brought by former employees who were dismissed during his 2022 takeover of the platform. The former employees took Musk to court seeking severance payouts of $500 million they claimed were promised as the billionaire slashed X’s headcount to a small percentage of its original size.

The New York Times reports the Elon Musk’s X has reached settlements with thousands of former employees who sued the company over severance payments they claimed were owed to them following their dismissal during Musk’s acquisition of the platform in 2022. The settlements mark a significant change in stance for…

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