(1) Sycophancy goes a long way here for career growth.
(2) Some joined straight after their university and never left and are here for zombie years (20-30+ years experience) who have worked their entire life in this company. So they are very averse to new ideas.
(3) Legacy tools, Some ill timed acquisition of products and relabeling of them, But ultimately this looses direction.
(4) Aim of the company is for 2 billion$ revenue but has not succeeded. The plan is now to reduce employee count to show it as profitable for acquisition by bigger players. So many engineers have been let go,, but middle management remains intact (which is possibly why this company is not very productive and misses deadlines in almost every project).
(5) There was a lot of indiscriminate hiring. 100s of cases exist where one successfully refers their spouse based on personal contact, sometimes in the same project.
(6) Money keeps pouring in unnecessary travel, long stays, frequent meetups at high spend staycations titled as team build, big spend Annual Functions. Yet the bonuses are miniscule across the globe.
