I’m not sure any do…at least based on data that I’m aware of. It seems grade inflation or lack of grade deflation are far more common.
As myos mentioned tech/engineering college and/or engineering majors might have relatively lower GPAs….but it seems engineering grads generally find jobs, even those with sub 3.0 GPAs.
Many jobs that one might pursue immediately after undergrad do ask for grades and sometimes transcripts where a 3.0 minimum is often cited. Undergrad hiring is not similar to hiring coming out of an M7 business school.