The atmosphere is highly political. The company is a mish mash of former M&As, with no sense of corporate integration or culture. The company is heavily stacked with experienced engineers which can make it difficult for younger engineers to move up the ranks.
The current financial position of the company has led to multiple layoffs and corporate restructuring, leaving behind a wave of overworked employees with little incentive or motivation to stay with the company

In this tough economy, one needs protection and security. Far from this, you get nothing but a layoff or a threat of a layoff. It's getting tougher to work in US industry as there are larger staff cuts and reduction in pay. They say it's due to declining economy and diminishing demand of products and services.