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Wow what a shock. Guess running a uni like a for profit business works like shit. Maybe the real problem not cited in this article is that the upper management are all worthless.
FWIW there are dozens of university ranking systems and every university says "look how well we rank in X!". It's been 10 years since I looked, but I think I recall some of them being funded by unis too.
Nonetheless I agree they're doing stupid stuff that's not in the interests of students, staff, the country, humanity and education in general. Alas it takes them many years to feel the bad effects of bad decisions.
FAFO