Yes. And this is a good thing (in an enterprise environment) for a couple of reasons (a few others too, but these should make the point):
Proxying connections is inherently more secure
than packet filtering/stateful inspection;
As was pointed out in another comment[0], most
traffic is encrypted these days. Any traffic
traversing the enterprise network needs to be
visible (unencrypted) to network administrators.
This allows them to identify, investigate and,
potentially, block suspicious traffic.
Any large organization (or even smaller ones with the need and the resources) should be able to decrypt and read every packet traversing their internal network and the ingress/egress points to/from that network.That requires ubiquitous use of proxies for all connections that have an external endpoint.
It's likely that some sensitive internal networks/servers/applications should do so as well.
While that's very intrusive, it's not your home network, nor is it (semi-)public wifi. It's the wholly owned property (I'm not addressing "cloud-based" resources here -- that's a different long discussion) of that organization.
As such, they have every right to read every packet on their network and every byte on their storage.
Which is why many organizations have "guest" networks which not only has no access to internal resources, but also only allows connections to external networks and bypasses all the proxies/firewalls as well.
This allows employees, contractors and others to maintain their privacy on their own devices without impacting the security of the internal network.
Of course, this requires device authentication at the network layer (e.g., 802.1x) to ensure that only authorized devices are permitted access to the internal network.
None of the above is particularly new or particularly controversial.