Obsessing over quantitative metrics is part of the industrial sweatshop mentality and has no bearing if any kind whatsoever in what used to be more in tune with a technical environment where intellectual activity, quality, customer satisfaction, process efficiency, etc, were the primary focus.
This is bean-counting at the most extreme level but it’s definitely the new law of the land, regardless of the fact that it is in fact completely counter-productive.
But these folks have no experience nor the brainpower to do more than count things, which must give them a great sense of satisfaction - as if deliverables were themselves numerical in nature rather than complex, team-built, multi-layered, networked applications and the serious, hard-corr tech that ensures it all works together.