Great compensation package and benefits (this is holding many untalented people from leaving the company). CEO is hiring all of his college buddies and kicking others out.
If you are in technology and work at any site other than ST. Louis it's a career suicide. It's is either St. Louis way or no way. The people in STL office have strong bond to support each other. (Unusual amount of married couple work here, which creates this support structure). They work like federal government agency, really slow and bound by complicated processes to ensure slow progress. This makes talented people in other offices to either leave or pushed out. There is no voice for them. Top technology executives positions should be moved to Purchase to align closely to business. This is the only technology company which prevents new development because of policies. Hopefully decentralization vision would help. They tout it's a technology company but still act as if it is a financial company.
Scooters and foosball tables are not the only things that makes Google and Facebook cool, those companies are run by young people with vision not by some vacuum tube programmer from the 40s.
There are unlimited layers of management, many of the middle management people are waiting for retirement, so they are reluctant to change and risk. They need to be kicked out to make any positive outcomes. There is huge disconnect between executive management and the people managers in between who care about their jobs more than progress of the company.