Unfortunately, it seems like this company is headed for a downward spiral. We've had a number of layoffs the past few years, and more recently, two sets of layoffs in the last 6 months. We've also had a number of really high-quality people leave on their own, and no one has been replaced. Myself and quite a few other coworkers I know of are actively looking for other opportunities. The leadership here doesn't seem to know what to do, or even want to try to fix anything, despite their employees being pretty transparent with them.
There is way too much leadership currently, as no managerial or C-level people have been a part of the layoffs, and work has been slow for a long time. The contracts we're signing are small and incredibly limiting, so many of us are being underutilized, and the work is simply unenjoyable with no budgetary room to flex our knowledge and expertise.
I think the phrase "too many cooks" would accurately describe the group of leaders, C-level and VP. They spend so much time being introspective and trying to fix things internally (like the forced culture and a broken process), they've overlooked the most important aspect of the company... our clients and our work. If there was good, plentiful work, the employees would be more engaged and inspired, and a happy culture would happen organically. It seems like they're all quite emotionally overwhelmed and being in a room with 2 or more of them is regularly awkward and tense.