The Senior Leadership team is full of sycophants. They are not held accountable for their failures and just continue to get praise and crazy equity.
The Chief Strategy Officer left his role to run a business, he failed miserably and got rewarded with a promotion and his old job back.
The old CFO bungled three business transformations but kept his job for five years.
The organizations design is extremely complicated and their latest organization change called “simplification for growth” is a joke. The new organization is just as complex as the old but the CEO and the SLT are excited about how great things are going to be. But it’s just an excuse to cut costs and get rid of some people who aren’t in the in crowd.