Performance improvement plan. Either a manager writes a plan of measurable goals focused on improving, or a manager and the target employee both work on the plan together. It can be used for actual performance improvement or it can be used as something the employee cannot meet as a way to fire them or get them to a different team.
You would be nuts to treat it as anything other than loading the bullet into the gun that terminates you. All it is is to make sure that the bullet is legal.