This has been forced upon us out of the blue, and with no data to show that suspensions have been issued incorrectly, or to indicate that the drop of traffic (which has been happening) was due to these suspensions - correct or otherwise. This seems to be a panicked response by SE due to the sudden drop in site traffic... continued...

Most of these issues are discussed on the general Meta Stack Exchange site. Here is the open letter to SE. If you need more links please leave a comment here. I'll try and put this summary up on our Meta as well, when time permits. I've got a payed job as well :)

@MaartenBodewes-onstrike Let's wait to see if our entire moderation team goes on strike before creating a meta post. I also suggest featuring two posts: One which describes the problem in general, and one which is an announcement of the strike itself. I believe Unix.SE took this approach. Even if we don't get the whole team on board, we can still feature a meta post explaining our own actions.

Not everybody reads chat, that's for me the main reason for posting on meta.

Good point.