This company has a 1970s mindset, and uses 1980s tool sets.
Every failed approach by the company is ultimately blamed on the base-level employees. Management refuses to take responsibility for their own failings, and blames others instead. Simple projects with a 4-6 month estimate take over 2 years to complete due to the ineptitude of management.
Culture is terrible. You can motivate employees with a carrot or a stick. FBB doesn't know what a carrot is, and uses every stick at their disposal and some imaginary ones. Employees are made to feel that they're lucky to have a job and that no one else would ever hire them.
1/2 of the Directors in IT are completely computer illiterate unless it involves COBOL or green lettering on a black screen. No SDLC in place at all, they call it "Waterfall" it's more "get it done, I don't care how.
Everything else about FBB is a con.