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The company is very large.
I believe there are still good departments.
I worked as a PM for a year and a half at the time, and have now been gone for over a year.
Let me briefly describe the situation at the time.
Many people took whatever they could and slacked off whenever possible.
The production-line team leaders had inconsistent levels of ability.
They would call to say there was no network when the network cable wasn't even plugged in.
Some people couldn't even tell the difference between Windows 7 and XP.
Whenever there was a problem, they would frantically ask others to handle it; they themselves were incapable. Why did the company hire you?
Materials were stolen here and there, making them nearly impossible to control; the safeguards prevented mistakes but not malicious behavior.
The workload distribution was extremely uneven.
Capable engineers were forced to leave one by one.
Thanks to the incredibly awesome systems engineer who taught me back then.