So, going through a rigorous interview process is indicative of expected performance on the job? Shouldn’t the work they did for two years matter more than the few hours of interviewing and solving puzzles?
The reality is that having passed an interview at a FAANG company, having any work experience at a FAANG company on your resume opens a lot of doors while looking for a new job, even if it's a few months. Being laid off from a FAANG company is still bad, but if it was part of a broad layoff for cost reasons then it's not bad.
You can argue till you're blue in the face about how this is a bad thing but that does not change reality that those laid off from Google are better off in a job search than people laid off from random companies that no one heard of.
You can argue till your blue in the face that it opens doors and another can just as easily argue that it closes doors for reasons not worth discussing.
My point had nothing to do with either argument as it not interesting to me. My criticism was in the statement regarding the interview process validating the value of an ex FAANG employee over their experience from working at FAANG.