I've only worked here for 10 months and I'm already on my third boss. Leadership constantly reassures us that the business is doing well, yet there have been "budget-related" layoffs at the beginning of every quarter this year. They called one of my colleagues to tell her she was being laid off while she was out on PTO; and from what I've heard, that's not the first time that's happened.
Because of all the layoffs and the near-constant reorgs, the roles and responsibilities of each team are unclear at best. Goals are always shifting to satisfy random requests from leadership — requests that often go against findings from UX/customer research and general common sense. Projects move at a snail's pace on a good day because the review process is built around leadership's lack of trust in the executional teams. If projects don't get stuck in review for weeks on end, they're either blown up or killed. Larger team meetings tend to be aimless or put on solely for the sake of corporate theater.
None of this is that surprising considering this is a huge corporate office, but this kind of behavior coupled with the rhetoric of being a "people-powered" company can make you feel like a crazy person.