I assume that somebody, somewhere, has done the detached corporate penny-pinching to make this all make sense on paper. But this is a disastrous move from a consumer goodwill standpoint. If you have the CEO of a studio which handed you a major commercial success publicly mourning the depth and scope of your layoffs, something’s gone wrong.
I still can’t get over that. A distributor made a mistake but WotC treated him like a thief.