This is a symptom of the rot in their management, and probably also a sign that they have hired too many incompetents.
It probably also is a sign of the current age. After the recovery from the IT-bubble programming got really hot. Thus: Too many of the new programmers wants to be programmers because it pays well - not because they love their craft. So therefore we have a bunch of well-paid but uninterested people seeking jobs at prestigious companies.
Culture matters. I want my socially maladapt terminal junkies back plz.