This is potentially misleading as we're not sure what it means. MS did something similar but it was to break up a centralised team and bring the AI ethics experts inside various teams. So rather than them coordinate with another team the AI ethics researchers are part of the same team.
My company started with a security team with about 15 people. Honestly all they did was write up security reports and then tell someone else to do it. Fucking useless.
When they disbanded the team, they did integrate them into other teams. So now they're actually part of the solution.
And I can totally see the news twisting that story and making it look like "[company] removes entire security team".