If you think being mistakenly overpaid by your employer and having them ask you to return the money is bad, spare a thought for the Australians who are currently facing that very request from the world’s richest person, Elon Musk.of Musk’s social media platform X have received legal notices requesting they repay between $1500 and $70,000 in overpayments dating back to January 2023.
Retrieving payments they made to their former employees may well be legal, but Musk and X will pay a reputational price. In January 2023, when the Australian employees were let go as part of a much broader round of redundancies ordered by Musk, the share price was $US54.20 , which is why some employees owe as little as $1500 while others owe up to $70,000.
Considering the financial woes facing the company less than two years into its new world order under Musk, you can see the argument for asking former employees to return their overpayments. What’s more, the reputation X once enjoyed in Australia is long gone, not least since it refused to remove footage showing Sydney Bishop Mar Mari Emmanuel being attacked from its platform on the basis that the graphic and disturbing content didn’t breach its guidelines.
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Source: GuardianAus - 🏆 1. / 98 Read more »