It's corporate bloat and dogshit management. Everything needs to pass through a million different hands and get the green light before any work can be done because it's all a giant inefficent business machine that nobody really understands. When there's like 20 guys who all know eachother and everyone knows what other people do, productivity skyrockets, not because they have to work harder, but because everyone knows what their role is and what needs to be done.
https://www.youtube.com/watch?v=FFHKEATnmB4