It's not really that as far as I can tell. They just have had a really hard time with lifts and staffing. And the planning has been awful. Last year was a prime example. They shutdown HG and Castlerock before the late season 3 foot dump to prep for the new lift and said they had planned that for a year. Ok fine. But then they didn't keep Ellen open and said they couldn't just ask their staff to stay a few extra weeks... when they just told you they knew a year in advance that there would be no upper mountain anywhere!
They basically never run Inverness. North Ridge was down on some of the biggest weekends of the year. GMX was down this year for a bit over Christmas. They don't let you skin Ellen even as snow rots on the hill. It's just super hateable how they operate since Alterra took over.
But the terrain is very good to great, so there's that. If they'd sell off Glen Ellen to a benevolent wealthy family, I'd frickin love it.