Wood/shapes are some of the best imo. Was up in NYC last summer skating one and heard tell that people aren't fucking with Steve anymore like that after he let some people go... idk if that would sink a company. But he did name it that for a reason. I think it's probably more so of having to "keep up" with social relevance via media; that in-part would doom many projects nowadays.
Steve never let anyone go so I'm not sure who you're talking to. There was never anyone to let go, it was effectively a one man operation save for dudes like Mitch who helped out with shop sales. He did basically everything (even a lot of the art) right down to packing and shipping the boxes. The only team rider who's left in past few years was Ben and that was because Steve knew he couldn't provide the same support as the Chief and told him if he didn't take the offer from Zero he'd kick him off the team. There was absolutely zero bad blood and Steve always tried to do right by his riders and even paid for SF/NYC trips and filmers several times for multiple guys to try and get them some exposure. If anything people let him down by not always taking those trips seriously and not sending in footage on their own the way they'd agreed to, though he'd never say it.
This is going to be the reality in skating for a while guys. There's far too much wood in shops right now and it ain't really moving. With the post-pandemic economy demand is way down. Small passion projects like DOA that survived order to order on tight margins are just not a feasible business model at the moment. To put it in perspective imagine if over a year and a half your costs went up $5+ per board but sales actually dropped. Not a lot of small independent companies in any industry could take that hit.
So ya I'm sorry but there's no bad blood, no controversy, no mismanagement, nothing to see here. Just another casualty of the pandemic. It's totally fair for him to not want to have to keep sinking his own money from his real job into the company to keep it afloat. Dudes got a beautiful family to take care of and a civilian job so if he's at peace with it then we all should be too. He's definitely one of the good guys in skateboarding.
Check out the podcast/videos, they're actually pretty interesting.