EDIT: Just like Agile, it's poorly implemented at most companies and can lead to a ton of fighting due to multiple reporting arrows coming off employees.
I once interviewed with a company that organised their people into four "tribes". The company culture was pretty odd, and I fortunately managed to bomb the in-person interview. Now I know where they got the idea from.
EDIT: Just like Agile, it's poorly implemented at most companies and can lead to a ton of fighting due to multiple reporting arrows coming off employees.