I think people largely have stopped buying them, apart from very few exceptions, which is why games like Hyenas get cancelled at the finish line and why we've got a graveyard of live services that shut down just this year. Second Extinction didn't make it out of early access. Rumbleverse didn't even last one year.
Honestly, I prefer this, as long as the single player option is unaffected by the multiplayer component's performance, and the resources allotted to the SP game don't suffer because of the MP.
Historically, some of the best multiplayer components attached to single player games were done with very few resources in a matter of weeks, like Halo and Goldeneye.
I liked how FEAR did it back in the day. The multiplayer was a separate game you could download for free and play. Then, if you liked the game, you could pay for the single player.
Not the biggest fan of extraction shooters, but the permadeath mechanic sounds interesting. Although I'm not sure how common that is in this kind of game.