So from what I understand. That 250$ million bonus to "employees" was almost all going to like 3 people. The smaller bonus that was going to actual employees, they said they would honor it anyways.
I'm happy those three founders gave us the first subnautica, but I'd rather a better game on release then something rushed so they get a payday (they also already got paid when they sold their company in any case).
Really hard to say who is in the right without having gameplay footage or real details, but it wouldn't surprise me if it does need more time and it was going to come out as a mess.