There are two outcomes in that situation.
1. Great, so you've gotten Service Foo stable! It now needs minimal dev attention. Since there's no shortage of work that needs to be done, and you've got 3 days/week free, it sounds like you're free to work on Service Bar, in addition to Service Foo.
2. Great, so you've gotten Service Foo stable. Now that it needs half the development attention that it used to, we no longer need a full-time person on it. Since we don't have any more work, we're laying you off (Or, in a fairy tale, where, for whatever reason, your manager values your contributions for what they were, laying one of your co-workers off.)
Personally, I prefer outcome #1. I'm paid to be at work, and do things, and if I get my work done faster then estimated, I'll get more work. And that's fine. The alternative is much worse.