People in the EPAD (eng, product, analytics/data, design) org are treated and paid well. Most of the burnout I've seen is from engineers who have imposter syndrome or PMs who are constantly given confusing direction. I worry it's changing though as newer EMs are allowing people with low scores on interviews to get hired. It's not on them, they just know we need bodies in the door. This of course leads to deteriorating culture as the need for bodies outweighs the need for good employees.
People in many other orgs I work with are already long gone. I can't say this about every org, of course, but many people I work with are checked out and self-medicating constantly, even during work. Of the dozens of people I've chatted with many are either on the verge of quitting or taking an extended leave of absence for burnout. Others are planning on staying right until IPO and they're going to later days immediately after.
As you can see with our responses from our CPO, Discord is trying, but I think it's too little too late. We might get a no meeting day, mental health days each month, or a summer break, but it won't fundamentally change the way senior executives have set us up. Many people are in positions where they literally can't delegate their tasks to someone else without setting up that other person for failure, so we're told "just hold on for another hire". Those hires come but it's always months too late, as there's another fire we're stuck with until a new person is hired.
Overall though, nobody is malicious. Everyone is just tired, including the executives, and it seems to cloud their thinking.