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There is no reason to, there is no how, you're entirely right and justified
They were faced with a problem and chose the worst possible options at every step, throwing effectively their partners under the bus for admin and admin alone
Like if a CEO stripped a fairly large portion of their longer time employees of everything, without a word - not just the new rookie hire, long time experienced employees - only to keep his own pockets filled for the time being.

Placing all of the stress on the people beneath them rather than doing anything to lighten the load at their own miniscule expense