Is adding a scroll eventlistener bad for performance?

Question

Is it true that adding an event listener on scroll like the bellow example is going to fire 1000s events and is bad for performance?

 window.addEventListener('scroll', () => {
     const myDiv = document.querySelector('#my-div')
     if(myDiv) {
         myDiv.style.top = '60px';
     }
     console.log('SCROLLING');
 })