There's also some obvious issues with the way they do layoffs. Like, say there's a 10% cut target. They typically make every leader hit that target. Even if one team has, say, 30% of their devs underperforming, and another team has 0%.

And, of course, the idea that every leader even has a reasonable idea of their developers' performance. They don't. And they protect or punish people for all sorts of reasons, often unrelated to performance.