Two sides to this coin.
Some of this Orwellian monitoring is paranoia and rampant corporate greed - monetising everything. It sounds excessive but there are some legitimate concerns. Courier companies have been targeted by organised crime, looting packages. Extremists and activists would love to bag jobs at juicy targets. New legal requirements on controlling behaviour in the workplace can prove expensive if you hire someone with a record of sexual harassment. The US military might need to do a bit more background work on their staff to avoid those who are likely to drink drive over or molest the locals when posted abroad. (Okinawans will be nodding if they read this).
It's not just China's social credit system co-opted to the private sector. There are a lot of criminals, weirdos, psychopaths, gun nuts, perverts, and shirkers out there, who can cost you a lot of cash and your reputation. HR can be tough. A short interview is rarely adequate. Companies love the idea of replacing carbon-based lifeforms with AI, in part because the number of reliable, trustworthy, competent, hardworking and honest people out there seems to be declining at a rate of knots. It's not all one way. How easily would you trust a stranger with the future of your business?