On the flip side, it's expensive to lay off people whereas people going on their own is cheap. When the CEO is looking at short term margins, which he seems to do in the article, it's all positive to cut by 2 your biggest expense for "free".

Challenges will arise in 6 months or even later, but maybe Arison doesn't really care. He's been CEO since barely 1 year and may leave the boat when he will boast massive profits before a downturn.