All time high stock though...

If it wasn't such a PITA to prep for interviews I think companies would have to give out better raises to current employees to avoid mass attrition.

My conspiracy theory is that companies keep using leetcode style interviews because they know people don't want to study for them which makes them less likely to change jobs for more money.

Well, this is hardly ever the first time this happens at Microsoft. The veterans are probably already used to it.