If it's anything like redesign work I'm used to, someone redesigned and just happened to remove it with little reason for it. Then the numbers went up as people had to scroll so they assumed everyone loved the redesign and didn't question why.
this is absolutely the truth!
I would say that perhaps what is lacking is a clear vision of the product. Steve jobs didn't use metrics for the initial design of the iphone.
I suspect that as a company grows bigger and bigger, the product loses the initial visionary that created the success in the first place. May be the "founder" (of the product, not necessarily of the actual company) left, or moved on, and what remains is just diluted responsibility between a few different people. Therefore, they resort to metrics, as they have no idea what works, nor have a vision.