With the exception of a small handful of people, they consider work force a fungible asset. For the people who do stay, you are completely at the mercy of senior management's whims. I was reorganized to report to a new supervisor without being told--I don't mean I wasn't told prior; I mean wasn't told weeks after-the-fact until I noticed a new org chart. I had headcount included in my budget only to be told (and this was after I had interviewed several people) that my supervisor had used up that headcount to hire someone he worked with previously who was looking for work. The supervisor invented a new position for that person and never told me he had used up headcount in my budget to do so.
This is, by leaps and bounds, the biggest boys club I've ever seen. Managers would talk openly about female employees' and their looks, stare at women as they walked by, and categorize female employees into one of two categories: good looking but not good at their jobs, or not good looking but good at their jobs. Once a senior manager sent an internal email to the entire office that include a joke about a specific employee watching porn.
The hierarchy here isn't just rigid, it's practically religious. Someone with a higher job title could assign you tasks and you were expected to perform them simply because if their position on the org chart--it didn't matter if you didn't report to this person or even if he was in an entirely different org. In order to save cost, the main office was in Jersey City, but if you were senior management, you sat in an office in Midtown. So management literally sat in a different city from the people who reported to them.