We didn't lie to comp sci grads, they have the skills to DO the job, but the interview is a whole other skill that they have to learn. There is a gauntlet to be run of goofy interview questions and qualifiers. I dont know any one in the last few years who hasn't gone back to leetcode and the like to brush up if they needed to look.
Then you get posts like this:
https://emaggiori.com/employed-in-tech-for-years-but-almost-...
Staff doing nothing or not pulling their weight is far more common than people think. Managers are resistant to firing staff, not because of HR, or emotional reasons. Rather many of them don't want to deal with the judgement of their peers (why did you make the bad hire to start with), and the judgement of their team/group. Office politics at the director level and above in a large organization is BRUTAL.