The settlement would cover about 6,000 workers who were laid off after Elon Musk bought the company for $44 billion and rebranded it as X.

The settlement would resolve a proposed class action filed in California by Courtney McMillian, who previously oversaw Twitter's employee benefits programs as its ‘head of total rewards’

In October 2022, Elon Musk officially took over X and moved quickly to lay off over 70 percent of the workforce. Former staffers subsequently filed a lawsuit claiming they received only a month of severance pay or, in some cases, no severance at all.