Vince is in real trouble. Way more than he was in with WCW in the 90's.
Vince took his father's business and despite his father's wishes, did exactly what his father feared: he killed the territories. Vince Jr. raided talent from all the territories, and to his credit, managed to merge and make professional wrestling mainstream. He rode that train all through the mid 80's/early 90's until that talent he raided was on the way out, and new talent had to be built. His idea? Gimmick after gimmick after gimmick. Doink, Duke Droese, TL Hopper, etc. He rode the talents hard during that era with a brutal road schedule, no time off. WWF in '93-early '96 was a taste of what was going to come without competition. When Hall and Nash jumped, WCW got hot and Vince stuck by his warped way of thinking, pushing people like Mabel. Talent flocked because of the easier schedule and more money WCW was offering. Vince was backed into a corner, he panicked, we got Billionaire Ted era and the fake Razor and Diesel. He sat on great talents, and only pushed them when he was forced to. Talents like Stone Cold, who was extremely unhappy at the time, and actually was leaning to asking for his release. He approached Vince about a character change into the Stone Cold character, and Vince's genius ideas were: Fang McFrost, Otto Von Ruthless, Ice Dagger. He had a talent in Dwayne Johnson, and instead of realizing the guy was a natural heel, he instead shoved him down the fans throats (doesn't this sound familiar?) until Vince was forced to let Dwayne turn heel and become The Rock. He had a talent in Mankind that he legit only hired to try and send a message to Jim Ross. Vince's words to Ross on hiring Foley were "He's going to break your heart." He turned WWF into trash TV because he literally had no other choice and had a wider net with USA Network than WCW did with Nitro at the time. Sure, we all know how it ended, but it wasn't BECAUSE of Vince, it was IN SPITE of Vince. Once competition was out of the way, the company has honestly been shit since 2003-2004, outside of a few bright spots.
Vince is in the same boat again, and this time it was his own doing. All Vince had to do was let Jericho put Owens over at WrestleMania for the title. All Vince had to do was let Cody build out a program with Dustin. AEW in their first year was barely a mention on the WWE shareholder talks. Second year, a little more, now his shareholders are pissed because talent is wanting out left and right, and Vince has no avenue for them because he honestly has no clue on what he's doing, and hasn't for a long, long time.