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Jesus fucking christ, that's incredible. I don't know what any of that software engineering stuff is, but based on your description of events, it just sounds like a waking nightmare.
If it makes you feel better, companies like that where upper management are quick to throw people under the bus for their own fuck ups are usually not long for this world. They'll continue to make bad decisions and the effects will be felt both downstream with low employee morale and retention rates, as well as commercial loss for the company. You are much better off being valued for your work elsewhere.
I did a lot of consulting. Companies like that include well-respected, well-known firms. They are so profitable that they can afford to have utter shit management in non-core functions.