Where to begin!
There is an extreme amount of lip service in the hiring process, which you quickly find to be untrue in practice.
I think the source of the vast majority of issues in the company come from the leadership team. They are inexperienced either in their careers or in the sector, and are focussed on individual agendas. There is also a lot of infighting because of this, which trickles down through their respective teams and prevents any issues from being resolved, whilst also creating additional issues.
Rather than hear tangible solutions to any problems, their solution is always to just throw more money at something, which only prolongs having to find a real solution anyway.
There is rampant favouritism, which I’ve understood to be the norm. On the other side, there is a revolving door of employee turnover, either due to employees discovering the disfunction and leaving, or extremely sudden firings that I have seen of talented people for reasons that are bizarre/seemingly untruthful, discriminatory, or redundancy related. These things are very visible, so I assume most people are looking for jobs elsewhere at any given point in time.