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Never worked for BigTech, so I'mm really not in my territory, but I wonder what is the purpose of all those interviews to get "the best of the best" and then let these things happen. What are the incentives for the management layer?
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probably the main thing is just having low-level engineers competent enough to run operations on the dozens of poorly maintained 50k LoC codebases per team, hundreds of bespoke internal dependencies, processes, and custom tooling. build ecosystems of 5+ languages.

secondarily its an industrialization of software development. the hiring process is where they try define the labor as a replaceable component. grab the best cogs you can annually for the lowest price, run them in the machine for 2-4 years and swap most of them out before they get too expensive, or specialized or uppity.

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