Elon Musk has faced another legal setback in his tumultuous ownership of X (formerly Twitter). A US District Judge ruled in favor of former Twitter executives, including ex-CEO Parag Agrawal, allowing their claims for severance pay to proceed. This ruling could cost Musk millions of dollars and adds to the growing list of legal challenges he faces since taking over the social media platform.
Wipro, India’s fourth-largest outsourcing company, has announced that its CEO, Thierry Delaporte, will receive a substantial severance payout of ₹92.1 crore (approximately $11 million) following his departure from the company ahead of schedule. As per Delaporte’s employment contract, if his employment is terminated without cause, Wipro is obligated to provide him with a severance package equivalent to 12 months’ base salary, payable over a 12-month period following the termination date. This payout will cease if Delaporte secures new employment or becomes a consultant within the stipulated 12-month period.
