Edited to add details:
Word going around is that they were asked to restructure their deals with TKO instead of WWE, and said restructuring involved a substantial pay cut. They declined to do so, and asked for their release instead, which was granted.
What the fuck is going on at WWE?
I’m pretty sure they stay together. Pretty much the entire AEW roster has been buzzing about them ever since their release, so I think they have a guaranteed spot there