I have been in your shoes - managing a dysfunctional team that had a few malicious team members.
It's certainly possible to fix a broken team, it just takes time and effort that you may or may not want to give.
No shade to you - fixing teams is tough work because managers usually take the brunt of the negative emotional energy being generated by the team and you may choose to go do good work elsewhere. I will say that dealing with my last dysfunctional team made me a better manager so although the journey was tough, both my team and I benefitted.
My dysfunctional team went from a measured satisfaction rating (Internal rating - how the team viewed the company + External rating - how the rest of the company viewed the team) went from 65%, which was the lowest in the company to 96%, which at the time was the highest in the company in 2 years.
Helpful tips from my time fixing teams.
Tough talk: If you don't have management training - get some. dealing with difficult team members is part of the job of a manager.
Get support from your HR partner - does the company have management training? Does the company offer team building workshops? Can you find training classes for individual team members? To help them gain new skills, or work towards a management or team lead role of their own (and this training might "distract" a difficult employee).
If you haven't already, do some research on teams dynamics. One suggestion to read is the forming–storming–norming–performing model of group development.
For an immediate suggestion: Review your team members to see who think is redeemable and who may be too far gone. Work with your HR partner to find other work solutions for those team members who may be too far gone. Team training sessions, PIPs, moving them to another department and as a last result, helping that person transition out of the company.
In my dysfunctional team example, we had to let go of two employees after 6 months b/c the value they brought to the team did not outweigh their negative attitudes and disruptive behavior. Both team members got great severance packages.
Good luck!
Note: I edited this comment to fix a spelling mistake
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