After receiving an offer from a big tech company, the interviewing process has already completely turned me off from the idea of working there.
Now despite this being a dream position for many and me having no alternative but to take it currently, the smug interviewers have already gotten me in the corporate mind-set: No matter, the reputation and salary, treat it like any other job, do not bother being loyal - they will not be.
So the terrible interview process has at least the advantage of reminding future employees what they are signing up for.
I wonder what kind of psychological filtering is at play. Do employees feel loyalty after an interview process that is best described as hazing? Are they projecting the humiliation they experienced when interviewing future employees? That's always been my impression.