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Under Sam Zell, the Tribune Company was bankrupted by debt, and employees describe a profane and alienating workplace.
Link: https://www.nytimes.com/2010/10/06/business/media/06tribune.html
The new management did transform the work culture, however. Based on interviews with more than 20 employees and former employees of Tribune, Mr. Michaels’s and his executives’ use of sexual innuendo, poisonous workplace banter and profane invective shocked and offended people throughout the company. Tribune Tower, the architectural symbol of the staid company, came to resemble a frat house, complete with poker parties, juke boxes and pervasive sex talk.