Many years ago I was interviewing at Dell, and as I walked through the hallways I was so impressed with the energy and excitement. Over the years that diminished to the extent that I took an early out when it was offered (it also amounted to a year's pay :)). Over the years Dell quit treating employees like owners and more like just workers, so that it what it ended up with. Discounted stock purchases went away, options for the most part went away, restricted stock was greatly restricted, the method for computing bonuses became more opaque. No wonder the enthusiasm is gone.
An on point post by @fx+1k09vt9er.