Good. The times, they have changed, and who you associate yourself with be it personally or publicly (in this case as a foundation but the same applies to for-profit companies) matters. Engineers want to work for organizations that are increasingly socially conscious and with people that foster safe, productive work environments. So, since association, with RMS is toxic (for things he's said and stances he's taken) it makes perfect sense to me for Red Hat to take this decision. It's their money, let them vote with their wallets. If you don't like it you can fund the FSF yourself and if enough do then Red Hat's decision won't make much of a difference.