However you may feel about Red Hat's actions, I'd trust that folks at Red Hat have done enough legwork to figure out that "CentOS as a loss leader for RHEL" wasn't working out the way people like to imagine it would.
(Note: I am a former Red Hat employee, but I do not have and haven't had specific access to any data estimating what CentOS Linux was expected to add to or subtract from the bottom line. But I feel pretty sure that many deals won and lost have been examined, many customers spoken to, and numbers crunched to inform their actions.)
If larger companies can run CentOS in production, they also can run Debian or any other distro without a support contract. They could even use a competing loss leader distro like OpenSuse Leap.
Don't get me wrong - I think it'd be great if Debian became the standard, assuming that meant that companies helped develop Debian and poured resources into it as a commons. That'd be much better than depending on Red Hat to do all the work and then not paying for it.
https://wiki.debian.org/LTS/Funding https://wiki.debian.org/ExternalEntities
And from a company perspective, Red Hat has already done a big swap out from satallite to Foreman / Puppet to really pushing Ansible. Similarly, they've stopped doing oVirt in favor of cloud style OpenStack, nee OpenShift. Which is great if you're building your own cloud fabric, but not really the VMWare / HyperV competitor oVirt was which is something lots of mid size orgs need. ProxMox still seems to be going.
And for people who aren't paying for support - I imagine they have skilled in house teams that can certainly figure out Debian if they've been orchestrating CENTOS and now Alma say.
And it turned out near-nobody did so they turned it into stream so you could no longer have "same as RHEL" version.
CentOS was huge towards equipping smaller IT departments, startups and student on the RHEL ways, allowing them to jump on "real RH" when they got bigger. Alma Linux is the same. Rocky Linux does sell support, but even then it's still advertising RHEL.