Perhaps if they had told you they were reviewing the account and given you an opportunity to work with them then it might have been different. How did they expect the situation to get better if they never told you about it? We all rotate properties to keep our sites fresh, remove non-performers and a myriad of other reasons.
Another clear case of looking at the numbers and that’s it. Now I know that gambling is a numbers game but beancounter type people should not be decision makers.