Honestly, while some bureaucracy is inevitable, how oppressive it is can vary a lot. The last large multinational corp I worked for had a fairly horrific amount of it. The one I work for now (roughly the same size) has a tolerable amount of it.
That makes sense. One of the jobs of team leaders and middle managers is to shield the team from as much BS as possible. Some people will be better, and some worse, at doing that.
I think most companies as they grow will have people who are about to be redundant and then create layers of paperwork that need to be filled solely to justify their raison d'être.
I suppose that I shouldn't have said "literally" there. If a FAANG company were to offer me a million dollars for a day's work, and I only had to work for a single day, I'd be in.
But I know my own temperament, and enough people who work at various FAANGS, to know that if I had to work there for more than a couple of months, I would be utterly miserable regardless of the pay rate. I have worked at large international tech companies, and that's been fine, though.
Well, sure, if the choice is between two miserable jobs, I'd take the better paying one. But I'd only do it temporarily while looking for a better job even if in another line of work entirely.