Why not both? I've met my share of idiots measuring productivity wrong, and there needs to be a chain of idiots all the way up to let this escalate to a lawsuit (chains of idiots I've also seen). But I've also seen cruelty on occasion, and you need to have no empathy with your workers to have made this call in the first place.
What was that recent Microsoft quote, something about "we believe with Copilot one developer can produce 1m lines of code per month"?