The author of this post made some terrible business choices. The constant multi-platform time and money sink is what tanked his company. But who paid the price? The lowly worker, who had little to no say in those choices. How is the author surprised he is upset with him? When you work for a single employer you put all of your eggs in a single basket. You place an enormous amount of trust that your employer will make the right decisions that ultimate decide your future. And by reading this article it appears that those choices were awful.
If he had any honor he would have given him 2 months severance and let him go, only to try an make up for the incompetence he showed running the new company into the ground.