Oohh nasty, thanks for posting. I remember companies bringing something in that sounds very similar to this, when I was still a salary slave, about 20 or so years ago. It was introduced across the board, not only for software developers, but for everyone, Software Engineers, Engineers, systems Engineers, even managers. We all had to attend a review process one-to-one with our managers, at first yearly, but then becoming six monthly, and then even three monthly, which was about the period of our notice back then. I'd just had to take on my long term boss's role (He'd just retired), whilst still doing the same role as I'd been in since starting in the company, and I was promised a pay rise for taking it on, because at first I refused. The pay rise was about 2 percent, and it was delayed for three months. This was after I'd been in a long running battle with some managers over materials promoting our increased technical capabilities within the company as a result of using some tools that us Engineers had identified (Rather than trying to use the useless tools identified and foisted on us by managers in hock with massive long term account tool suppliers who had no clue what we actually did), and I'd had my wrists slapped for "Breach of security". Because I'd named the project we were working on, with no further details, and this had appeared in our new tool suppliers promotional materials. Three months later, everyone was being handed t-shirts to wear in public with the project name emblazoned on the shirts, I still had not seen anything of my promised pay rise, and a company wide pay rise of 3.5 percent went out, which missed me. When I asked why, I was told my rise for taking on my old bosses job precluded me from the company wide pay rise. So I actually took a drop in pay, relative to everyone else, for what was effectively much higher performance than the average worker, with also much higher responsibility. I checked out how much holidays I had in reserve, about three months, handed in my notice, and left the next day, with no need to go back because I'd already worked the three months notice period. They (My managers) were livid. They swore I'd never work for that company again, and they were right, I never did. I've contracted / consulted for just about every other aerospace related company in UK now since, adding value to them rather than the one that I'd had that bad brush with.

But I don't hold it against the company, who are doing some potentially really good things now, in the war against the global energy problem, that I find myself working on now, self funded, for free.

There was just some really bad eggs in the management back then, and I hope the company has moved on.

https://eric-bott.medium.com/yes-we-will-be-flying-in-hydrogen-powered-passenger-planes-93779606fff7