Reminds me of a lot of shitty start-ups out there - where management is terrible but thinks it can bribe people into sweatshop-style labor with meaningless perks.
I used to do freelance work in a big open office setup with a lot of different companies all owned by the same big holding company. Once or twice a week one of the partners of the parent company would come in with a box of brownies or some such thing. The startup kids who hadn't paid themselves in months would all stand around eating the treat, saying "god, this is the best place to work."
