I do give the VP in TFA some credit for trying to give shelter and time. Google went rancid, you'd go to work one morning, get an unannounced event on your calendar, and be informed as a group you were locked out of everything except the internal job posting site and had 8 weeks to find a job. Meanwhile everyone had negative headcount. I've heard at least two dozen stories like that personally.

Another effect is best communicated by a quote: "there's a fuck you got mine attitude." The internal peer support group i was a location lead for was overwhelmed by people with just bonkers stories of aggression and antisocial behavior from middle management punching down. I heard so many stories that wouldn't have gone down at even the strangest and most inexperienced startups I worked at. (Hiring friends with 0 experience, outright lying, pushing out people)

The bullwhip effect of management not really needing to learn to capital-M manage and now being asked to really exposed a lot of issues. Breaks my heart. (I left because of this)