I don't believe that there are many companies in the industry where PIP exists at higher rates than EM. Or are there?
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From a forced retirement of expensive employees, EM probably leads the pack.
But they don't need professionals anymore. That's the point.
Faucet turners, accountants and true believers will suffice.
Amazon PIPs 10%
PIP originated as system to release new hires less than 3 years that did not meet expectations.
PIP then used as tool for headcount reduction around 2014.
PIP we-ponized in 2020 for larger headcount reductions and now an annual event to ramp down USA headcount while growing BTC headcount.