My impression as a former SDE was that it's already accounted for. Hoards of new hires from college join each year and the hiring process is getting cheaper for

My impression as a former SDE was that it's already accounted for. Hoards of new hires from college join each year and the hiring process is getting cheaper for that pipeline. I think they know that while increasing throughput in the hiring pipeline they're also letting in some low performers, so PIP is one mechanism to shed some weight.