Edison International Reduces Executive Bonuses Following Wildfire Impact

Edison International has announced a 40% reduction in bonuses for its top executives in response to the severe consequences of the Los Angeles-area wildfire. Bloomberg posted on X, highlighting the tragic event that resulted in 19 fatalities and caused damage or destruction to over 10,000 structures. The decision to cut bonuses reflects the company's acknowledgment of the disaster's impact and its commitment to accountability. Edison International's move comes amid ongoing discussions about corporate responsibility in the face of environmental challenges.