This. As someone who has spent the last 25 years working for large blue chip companies, they all suffer a lack of inertia. It commonly can take weeks in a large co. to implement something that would only take a couple of days in a smaller firm or startup. If you prefer a faster paced work life, then the large company structure is not for you, FAANG or otherwise.
Big companies are too slow, small companies are too fast.
Large = we're stable, most likely a monopoly or oligopoly, so there's no threat and no need to move fast while things work
Small = we need cash, we need customers, we need that product done yesterday!
Medium size is where it's at - there can be medium size companies within large companies. These are more stable but still need to innovate and move along. Either smaller companies are going to start nipping at their heels or big companies with decide to move into their neighborhood and guzzle up everything.
If countries wanted a bubbling, innovative and competitive economy, they'd limit the size of companies and preemptively break up big companies.
At least your company isn't as dysfunctional as this: https://sites.google.com/site/forgottenemployee/
:)