Your second paragraph, with a slight reworking, is a succinct diagnostic for all bloated and dying corporate entities:

"Diagnostic for immense failure. Does the organisation...

= enable a toxic working environment that is openly discussed,

= encourage internal conflict act every level, business unit and staff,

= cultivate top-heavy management, promote low-talent that makes poor choices and burns money on worthless projects that never deliver,

= maintain the threat of layoffs to destroy morale and engagement,

= send critical functions off-shore and/or to third-party contracts,

= fail to do strategic research, make poor choices in acquisitions and partnerships, and build unnecessary facilities?

If so, the patient manifests late-stage corporate morbidity."