They did both those things to reduce their profit to give them a stronger negotiation position for gutting the current CBA.I'm not saying that's how it works. I'm saying they can afford it.
The company is beyond prosperous. They're better than "doing ok". When you have enough money to pay for a settlement and purchase an airline, all with cash in the same year, there isn't a question of whether you can take care of your employees AND still take care of the interests of the shareholders. The company can afford to grow WITH their employees. And not take the path they are currently taking and have taken in the past with these draconian Larenzo tactics... But then again when has Atlas management ever not used Larenzo tactics.