This is a huge red flag signal to me. A VP of content should be focused on the quality of shows and the editorial philosophy of a platform. That's not to say that Netflix shouldn't care about money, but that pressure should not be felt so strongly in that specific department IMO.
While some cancellations make sense (Sense8, as much as I love it, the budget was a real reason), others are completely nonsensical (The OA, Tuca and Bertie, Santa Clarita Diet to name a few). It really is a shame that Netflix simply doesn't seem to have a philosophy anymore. They make good content still, but only because they do enough things that not everything can be a miss.
I think we all know we are exiting the golden era of streaming, but I think when we look back, Netflix straying from its original principles may be seen as a notable part of that downfall. The sudden growth of separated streaming services was probably unavoidable, but I can't help but wonder that if Netflix stuck to its philosophy, the quality of the service may have kept other potential competitors around longer.