Why did they get rid of PIP?

I'm curious, can you elaborate on why the decision was made to eliminate the Performance Improvement Plan, or PIP, in this particular context? Was it due to a lack of effectiveness in driving positive change? Did it create an unhealthy work environment or contribute to employee dissatisfaction? Or were there other factors at play that led to this change? Understanding the rationale behind this decision would provide valuable insight into the organization's priorities and approach to performance management.