Per Bloomberg
Twitter Sued for Elon Musk's Plans for Mass Layoffs
11/4/2022
A class-action lawsuit was filed against Twitter as it intends to start cutting staff, per an email to employees. This was just shortly after Musk acquired the platform for $44 billion.
Large companies are restricted from mass layoffs without at least 60 days of advanced notice per the federal Worker Adjustment and Retraining Notification Act.
In June, Elon Musk's Tesla was sued after the CEO laid off 10% of its workforce. Tesla won a ruling which forced workers in the case to pursue claims in closed-door arbitration.
The Department of Homeland Security is considering the creation of a television show in which migrants would compete for potential U.S. citizenship
5/21/2025 1:53 AMU.S. Senate unanimously passes the No Tax on Tips Act
5/21/2025 1:49 AMInvestors now own 30% of metro Atlanta’s single-family rental homes
5/20/2025 9:23 PMMajority of Canadians feel unwelcome and unsafe travelling to United States
5/20/2025 8:48 PM
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.

With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.