Looks like this is endemic in many orgs. Just like Six Sigma days going back 10- 15 years. Here is from Qualcom post
https://www.thelayoff.com/t/UJl3rUu
qcom creating more PMs than innovators and engineers
These days qcom has become good training ground for learning Program management skills in absence of real engineering work.
I see everyone above sr.staff is doing nothing but creating redundant meetings, meetings for discussing which meetings are needed , follow up meetings, list of AIs which no one follows.
Soon QCOM will be learning center for producing maximum PMPs.