Yahoo

The products you work on are used by hundreds of millions of people. Colleagues are mostly smart and pleasant to work with. Benefits are (slightly) above average.

Feeling of an empire crumbling. Senior and middle management are disconnected from rank-and-file employees. Uncertainties lead to an unmotivated work force. Large variability between groups: some award innovation, many are happy with the status quo.

Most of your employees have not been in the company for 8 years and do not 'bleed purple.' Most are good enough that they can get equivalent or better offers from competitors. Reward your employees with a challenging job, an environment that tries not to be corporate, and good benefits, or they will seek their fortune elsewhere.