Would companies make more money if they hired in this "wholistic" way? Every time this comes up, I struggle to see how these top tier companies with these algo-

Would companies make more money if they hired in this "wholistic" way? Every time this comes up, I struggle to see how these top tier companies with these algo-intensive interview practices are compromised by not being "wholistic." They're raking in cash. By all quantitative measures their hiring is working extremely well for them.