Thread regarding TechnipFMC plc layoffs

Whats this about? & what it means?

https://www.technipfmc.com/media/press-releases/2021/09/technipfmc-announces-sale-of-stake-in-technip-energies-n-v/

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It means that somebody in the executive team is getting paid for the decisions that they made regarding the split of the two companies. They will explain to shareholders that it’s bringing money to Subsea and Surface for new green initiatives, while cashing out their stock shares and enjoying the money train while it lasts.

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