Appointing indian leadership is the single biggest sign of moving to an extraction phase for a company.

The idea is they think the current value of the institution and IP is higher than their ability to innovate, so the try to outsource and reduce labour cost as much as possible intending to do the bare minimum maintenance for as long as possible.

This gets compounded by every layer trying to get the most out of the company as fast as possible, hiring in a way that has no long term outlook.