Let's evaluate what we know:
District overseers were being done away with
Circuit Overseer maximum age has now been set to 70
During the CO visit, there would only be one weekday meeting
The new service year starts Tuesday September 1st
One task of the CO is to control all records
Circuit Assemblies have been reduced to one day
My assumptions on the above are:
Most DO's (under 70) will accept a CO role and are likely to have first pick
All records are submitted online via JW.ORG nowadays, so less work for the CO
Having only one weekday meeting, I can imagine that a CO could visit two neighboring congregations at the same time.
This would allow Bethel to eliminate half of the Circuit Overseers.
We have been speculating on this for years, looks like it may finally be happening. From a business perspective, this downsizing makes total sense. The only shocking thing is how this is handled. I hope most CO's invested their green handshakes wisely.