I cannot think of a successful tech company that is still applying the GE 10% management style. It has consistently been shown to fail.
Some companies imposed rather brutal policies of "we do an annual review and sack the bottom x% of employees". This is done irrespective of whether they are bad, or simply the lowest strata (by your, possibly flawed, estimation) but still good. Because workers often don't know which group they will fall into, it produces enormous stress throughout. Few people like working under those conditions so those that can, leave. Who will that be? Those most able to leave. Who were they? Your best workers. Goodbye top tier...
Be aware that some people who contribute least to the bottom line are actually still very useful.
This kind of management brutality I believe is mostly died out now, for good reason.
Bad news, after all the layoffs over the last two years, stack ranking and quotas are coming back.
You live in a different world than I do then, because the overwhelming majority of people don't care at all, let alone they would "hate".