It's not a transformation. It's a hack and slash firesale.
And Fawad, with his work first at Staples and now at State Farm, reminds me of Albert J. Dunlap, otherwise known as Chainsaw Al.
He left the companies he transformed in shambles. He also ended up serving time.
In any case, there's nothing reorganizational going on here. This is a forced downsizing hanging on a wing and a prayer. Why not call it what it is?