That's pretty scary, if true. That sounds very analogous to academic research and the "publish or perish" state of affairs in academia today.
Office politics often will advance your career in any sizable organization. That's why people engage in it. If publishing libraries is an extension of that, then we should be worried about the precedent that's setting for software development as a whole (because it'd be silly to assume that this remains siloed to front-end developers).