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Bankrupt PG&E Seeks to Pay Out $130 Million in 2018 Bonuses

Investigators Blame California Utility PG&E For 2017 Wine Country Fires

Photographer: Justin Sullivan/Getty Images

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PG&E Corp., the California utility owner that filed for bankruptcy Tuesday, is seeking to pay employees about $130 million in performance bonuses for last year.

With the company facing $51.7 billion in total debts, the bonuses “are critical to ensuring that employees stay motivated,” according to a filing made in bankruptcy court.