Yup. It's been particularly bad since around 2023/2024 and only got worse with all the AI crap, though I think that's been almost a useful scapegoat for them recently

I've tried (all?) the AI stuff they published, it was awful; but I was able to easily uninstall/deactivate those features once I realized it was not helpful.

On my MBP M4 or my Linux laptop, I never get the impression that it's bloat.

Prior to using IntelliJ I had been a Eclipse user and I've never experienced even 5% of the pain I had with Eclipse since moving to IntelliJ.

When everything is going to shite, I welcome with pleasure my yearly invoice from JetBrains, thinking that, at least, there is a company pushing quality software that deserves my money.