All the time, my friend: all the damn time.
I've been all the way up to CTO in a mid-size company (650ish people), and I've felt like this in every role I've had at different times. Some places more than others. Where I was CTO wasn't too bad but that came at the cost of me not touching code at the company for several years because, at that level, and in the kind of company it was, you just really can't - not without finding yourself becoming a blocker anyway.
But I've worked in a couple of larger organisations - one of them, probably 90k employees, although it wasn't a tech company - and these issues are rife there as well. To some extent, I think it's just big company behaviour, not specific only to big tech companies.