That's not how real life works; you are thinking of a movie. Management will never let down of any power they accumulated until the place is completely ransacked. The Soviet Union is a cautionary tale, a relatively modern event and well documented.

I only work for companies where I have direct interaction with the owners. But I think that any business structure that begins to resemble a "soviet" type, where middle management accumulates all the power (and is scared of workers who have ideas) is inevitably going to collapse. If the way they try in the late 2020s to accumulate power is by replacing thoughtful coders with LLMs, they will collapse in a very dramatic, even catastrophic fashion. Which will be very funny to me. And it will result in their replacement, and the reinstatement of thoughtful code design.

A lot of garbage will have to be rewritten and a lot of poorly implemented logic re-thought. Again, I think a hard-learned lesson is in order, and it will be a great thing for our industry.