It's quite sad to see such an attitude in these difficult times.
Saying "Internet infrastructure can't handle the current load, we have to restrict service" is fine, but you would expect them to do right by the customer. Not announce the cuts via national news outlets, see how much backlash they get and then decide if they should make concessions to their paying customers.
thus reducing the quality for people that PAY for that quality without reducing their invoice is basically a scam. especially because of the pandemic people are short on money. of course people could just downgrade their subscription, unfortunatly some people are not that tech savy as others, so they do not even know what the news is about.
Give them some time! They just decided this.