Yeah... even if it had just been the initial we're-closing-oh-no-we're-not nonsense it would have been a big problem, as thethinker demonstrates.
The "we never said we were going to close, you silly authors" is just the insult added to injury. It doesn't cause any more PRACTICAL harm, I don't think, but it's... I don't even know what it is. "Frustrating" seems a little weak, "unbelievable" a little vague. "WTF" really seems to be the best I've got.
Thing is, I don't think the closing/no we aren't thing is as problematic as people say it is. Every company falls on hard times and has to rethink their stratergy from time to time, or change to avoid hard times. Though it does suck for the authors to be caught in the middle and they 100% should've been treating them better during this time.
What's really alarming is the basically acussing their writers of being stupid in addition to everything else. That's why people should steer clear, preferably permanantly at this jucture, but at least until such a time as they get their shit together and start acting decent again. And even then, only with eyes wide open to their history with all it's sparkles and warts.