Bonuses are something that’s easy to get outraged by, but look like an infinitesimal fraction of the business numbers. A judge approved a $235M bonus structure across 10,000 employees[1], while the wildfire liabilities are at least $18B [2], their 4-year infrastructure investment plan is $28B [3], and their top-line annual revenue is $17B. How many competent execs are going to want any part of that shitshow? $235M doesn’t sound like enough…
[1] https://www.sfchronicle.com/business/article/Judge-approves-...
[2] https://www.latimes.com/business/story/2019-09-09/pge-looks-...
[3] https://www.pge.com/en/about/newsroom/newsdetails/index.page...