No one's suggesting such.
We have plenty of disputed behavior and harms that are within the purview of civil courts, and then more egregious versions that are crimes. IMO, withholding significant pay that you have the ability to pay and is unambiguously contractually owed causes pretty serious harm, and society has strong reasons to criminalize this conduct.
Accepting services from someone while having no intent to honor the contract, hoping that disproportionate resources will prevent them from enforcing the contract "feels" like fraud: so let's codify it.
Saying "we'll pay you severance" with 0 intention to do so sure sounds like fraud to me.
https://www.atg.wa.gov/news/news-releases/attorney-general-f...
The fact that you are defending this practice makes me almost want to ask you how do their boots taste like...
I would disagree.
We shouldn't allow criminal behaviour to be tolerated just because it's white collar.
And the whole point of laws is to protect the vulnerable in our society which definitely includes the innocent employees who are being harmed for doing nothing other than working for Twitter/X.
Nobody believes that executives should be jailed for not offering severance - that's not what is being discussed. But if part of a termination agreement includes a guarantee of severance (and these termination agreements basically always include responsibilities for the employee to uphold in order to receive that sentence), and then you just decide not to pay it, and it looks like you basically never had the intent to pay it, that looks a lot more like fraud.
He also publicly promised severance to all employees he laid off, when laying them off, then tried to back out of it after the fact.
So we have both contract law and public statements that he owes severance to thousands of people, and now is just refusing to pay. What kind of behavior is that?
"Protect the vulnerable" there probably means enforcing contractual obligations to pay severance that was promised, not to offer severance in the first place.