Remember, this isn’t just an intern thing. It’s going to impact anyone hired to work for a team or department that no longer exists.
Getting an internship at a notable company is hard to do, and getting dropped at the last minute is fucking terrible, and can delay you entrance into the workforce. Which already takes way too fucking long and puts recent grads in even more debt.
That said, this article is also leaving out the other employees that suffered the same fate. I’ve known people who have left homes and pulled their kids out of school, all for a job that vanished when they arrived.