Overall folks love their managers, and managers really go to bat for their reports, but they are largely powerless. In spite of doing well financially and more than meeting financial goals, bonuses were taken away, raises are insultingly low, compensation is below market, and they still are not spending any real effort on retaining talent and domain knowledge.
Company hired a bunch of agile professionals and now seems to be largely ignoring them and inventing new ways of disguising waterfall.
Morale is very low in engineering, maybe in other departments too. Hard to financially justify staying when you can make at least 30k more elsewhere and probably get bonuses on top of it.