Discovering that I misunderstood the seriousness of an issue is more stressful than being told something explicitly. And a major misunderstanding decreases trust. It would be much better to explicitly be told I'm on a pre-PIP plan than to assume it's a less serious issue and find out when I try to change teams.
I’m pretty sure they won’t let someone change teams, and many of the people on this list aren’t expected (and for some managers, maybe not even allowed) to improve.