On the other hand, I have encountered giant companies which issue laptops from about 7 years ago, and which are not fit for current purpose.
I know someone who has to work on multiple excel files (at least one which is pretty big), with outlook and a few browser tabs (some cloud stuff they need to use), etc. 8GB ram on that laptop. Not to forget it's bogged down with all sorts of security stuff.
Even booting up that damn laptop takes 5 to 10 minutes and since everything is thru a VPN for working from home now, it all goes to crap speed. And she is seated at home, with a 1gbps connection, barely getting 20mbps thru her VPN. And occasionally she is forced to reboot in the middle of the day if something does not work properly.
Saving an excel file takes about a minute or longer.
She has her own laptop which has 16GB ram and is powered by a 4800U CPU, which is blazing fast in comparison.
It seems her 100billion+ dollars company can't afford anything better. If she has a better system/allowed to use her own laptop, she can probably literally save at least an hour or more a day. Or get more work done per day.
Not saying old gear is junk (I sometimes have IT gear which is around a decade old). Her company laptop is probably fit for purpose for a much lighter workload. Just that they don't seem to acknowledge that.