This is *exactly* like one of the companies I've worked for. (And it certainly isn't a company I have equity in).
"If you asked the head of a company which employee they'd prefer: the perfect team player who doesn't rock the boat or the one who is brave enough to stand up and fight for something rather than accept the watered-down group think that maintains the status quo (or makes things worse), who would they SAY they'd choose? Who would they REALLY choose?
Source: Creating Passionate Users: Knocking the exuberance out of employees