Many of these people not only keep their jobs but going on to make more blunders and cost them even more money. What the hell?
If you just step back and look at it from a complete business standpoint it makes no sense.
For my work I deal with people who work as higher level managers etc at major corporations all the time.
These people are almost unfailingly lazy and not that bright.. it's a chore to get them to do anything, takes weeks to make a 5 minute decision on anything.
There are 17 levels of "management" and no one does anything but pass the buck and try to avoid responsibility.
Everything is done by committee and endless meetings because no one can make a decision.
It gotten way worse after pandemic, I have no idea how most of these people keep their jobs.