Like many corporate takeovers and mergers, this came through globalist WEF-type infiltrators that worm their way into management positions with the mission of destroying any remaining evidence of wholesome goodness. Nothing of "western" culture, capitalism, or just moral goodness can be left unmolested.
Notice the bigger any company gets, the more disconnected they are from the common man. The previously well treated employees become just so many sheep that are expendable at a whim. The customers are meaningless because the the success of the business through customer satisfaction no longer matters to management. The agenda must be advanced at any and all costs.