CA doesn't directly kill products, but part of the milking process is cutting expenses. Which sometimes results in the product dying sooner than it should have and a subset of customers moving off a lot quicker than they would have. Their acquisition list is full of dead or nearly dead (I don't want to get on the cart...) products.
Unless I was much younger I wouldn't worry about future OE employment... it will be around for a long time. If they do start cutting corners it would actually be good news for consultants I think. Certainly make key employees more valuable to their companies.
But you have to agree that those comments from the CEO will be brought up by anybody who is directly competing with OE or an OE based product. Assuming they can google