This is in essence addressing many of the circumstances which lead to burnout, and 'underperforming' is just code for that.
Having been in the employee's position this time last year, I would have welcomed any of these steps, instead I got gasoline dumped on my fire and burned out more thoroughly than at any point prior in my life.
Definitely agreed with that. We've found that "underperforming" is most likely than not the fault of company management and/or culture.