The agreement’s specifics remain private and must be validated by the court before implementation. The group of plaintiffs claimed that they were denied significant severance payments—potentially up to six months' salary—while many received merely one month, or nothing at all, following their dismissal. In a broader context, these layoffs were part of a vast downsizing trend among tech companies following the expansion phase initiated during the pandemic, where several firms swiftly reduced their workforces, including giants like Facebook, Google, and Microsoft. Musk has also been active in cutting jobs within federal agencies, showcasing a continued pattern of aggressive cost-reduction measures across multiple sectors.