It looks bad for a company to fire one of its very own player turned developers.
It looks far worse than this. Not only a mere volunteer announces such crucial info, but he doesn't say anything else - great example of bad PR.
What players could think after reading it? That no one important left to take care of IW, that Yodo1/LM has no idea what to do next - which would result in thinking: the end is nigh!
The more optimistic part of community is still left in dark, not knowing what would happen with CM duties like weekly post or tourneys.
Even if they are not sure of those answers right now, announcement of this weight should look at least like this:
'Drew got fired. New CM will be revealed soon in separate topic / community moderators are taking over CM work, instead of 'weekly posts' we will post in News and Developer Talk
when there'll be enough info or do short notes, as for tournaments - we are in process of bringing them.'
Looks slightly better? You are welcome.