I think it it depends on the company and manager. I got a PIP once (at a FAANG, in the US), and it really felt like my manager had put a lot of effort into designing something that was achievable and customized to my situation. "Passing" the PIP would have required only a slight ramping up of my admittedly very low performance at the time.
My manager either wanted me to start doing my job again, or leave and create a space on the team for someone who would. He seemed slightly biased in favor of keeping me on the team. It didn't seem like a fun situation for him to deal with at all.
I ended up leaving, but it's because I was disengaged and didn't see a way out of it. (And I had great offers elsewhere.) Not because my manager was being abusive.
My manager either wanted me to start doing my job again, or leave and create a space on the team for someone who would. He seemed slightly biased in favor of keeping me on the team. It didn't seem like a fun situation for him to deal with at all.
I ended up leaving, but it's because I was disengaged and didn't see a way out of it. (And I had great offers elsewhere.) Not because my manager was being abusive.