I'm deeply concerned for EF. As mentioned earlier, Woods had a contract with them for 2021. He was a guy who seemed happy with the team and a great fit, so whatever is the reason for him getting out of the contract, it doesn't seem positive for the team.
The situation kind of reminds me their 2017 sponsorship trouble- they did announce extensions of Uran's and Van Baarle's contracts but there were no new signings and no rumours about new riders joining the team. It's exactly the same this year so far. And the fact that Bettiol only extended for one year is not calming me down either, it's unusual for high-profile riders of that age to sign only one year deals, seems like he was not certain the team will be able to provide him what he wants long-term.
Even if the team's existence is not under threat, it seems that they're just letting good riders go, probably means they are going to operate under a compromised budget again, which is @#$%&. 2019 and 2020 looked so promising after the previous years of struggle, instability and insufficient budget. Don't tell me the team is coming back into that territory again.

I was looking forward to them continuing their upwards trend with riders like Bettiol, Higuita and Martinez entering their peak.
Or maybe I'm just underestimating Vaughters and he just got rid of an oldish rider who would never come back to his former level after breaking his leg this spring?
