But it sounds better than "Sorry for terminating your positions but we need to keep our finances in check not to loose share values, and we are accountable for shareholders"
(edited from "Sorry for terminating your positions but we need to keep our finances in check not to loose share values, and according to law it is only thing we are force to do")
Public company is accountable to shareholders, in case if share prices will go down shareholders will want to know why, and some activist investor may go to the court complaining that company was able to have better financial results it should not work on some stuff and should fire people.
