ive seen this happen first hand, and i dont think it’s necessary to ascribe nefarious motives. when people are judged on metrics, some people will move heaven and earth to meet those numbers because they think the numbers are the job.
i watched a whole line of products get canned to meet a budget, even when there were plenty of cash reserves, and then suddenly the division tanked because -surprise- there wasn’t anything to sell.
the person in charge felt they did their job well - and im sure they got a bonus for meeting their numbers. so far as i know they’re still there, even though a bunch of other people lost their jobs as a result.