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I've seen on perm Jira at large companies get that slow. I'm not sure if it's the plugins or just the company being stingy on hardware.

Yeah it’s probably both. Underfunded IT department, probably one or two people who aren’t allowed to say no.

I can easily believe either, but I am still curious what the failure mode(s) is (/are).

Underconfigured hardware and old installations neglected are the ones I've encountered.

Large numbers of custom workflows and rules can do it, too, but most have been the first.