It got out that one of my favorite restaurants was going to lose their lease for new construction, and didn't have plans to relocate. I moved shortly thereafter and never checked up on them. What actually happened is that the construction project got delayed over a year, and the restaurant stayed, but anyone who didn't live in the immediate vicinity didn't hear about that. Any time I told someone it was still open, the response was happy, but complete surprise.
They opened a kind of a cafe with just a fraction of their menu closer to my house, but the location wasn't great (It's worth paying someone to sit around a potential location for hours on multiple days to see what foot traffic is like. If you're across a high traffic street from a high foot traffic area that doesn't mean you'll see foot traffic) and I'm sure by then the rumor of their demise had affected revenue. So bad location and the food wasn't quite as good as at the old location. Probably staff turnover.
That slow avalanche took three years to shutter the company, and they probably would have been fine if they'd managed to stay out of the local paper.
Being caught saying “don’t worry” just damages their brand more. What they really need is to declare some things as sacred cows. But you can’t do that after you’ve already lied using the same phrasing.
It does sound like they're trying to do better, but it was a long time coming and this still isn't good behavior.
The exec communication with the devs is unfortunate, but a separate matter.
I encourage you to consider looking for work at a company which respects you; you’re worth it.
From what I saw, the Stadia team was working hard on product improvements and adding new games still. So a careful parsing of the sentence is that the Stadia team was still working towards the goals of expanding the service, as the shutdown decision wasn't made yet or told to the team yet.