Studio has gone from top of the world to an absolute laughing stock.
Human arrogance. They got too full of themselves after the success of the Witcher 3, and believed they could pull off anything without issue (never-mind Witcher 3's launch was so bug prone and badly optimized, but they got away with that). Yet they totally seemed to forget that prior to W3 their releases were considered "Eurojank" and not well polished or thought through.
So then they try to create this overambitious Cyberpunk game and end up not even close to delivering on their hyped promises. Even the thing CDPR was renowned for, story, narrative and writing, was a massive letdown from Witcher 3. So without even that accolade, what is left to be excited about?
Add to that all the technical issues because they got greedy and wanted to release this game on every piece of hardware they could think of even though that's just a terrible plan to begin with. But I'm sure they got some good money from the console makers in return (i'd sure hope at least to justify that stupidity)