1. there were very serious grounds for releasing Hutch - so it was very easy to assume that he would be fired for that (I would think about it myself if I were Chris).
2. they couldn't allow for the actual firing, because it would be too late (Chris doesn't seem like a guy who changes his mind) - and they decided to act to convince Chris of Hutch's value
3. and judging from the reactions of his co-workers - firing an employee is not a problem for Chris
losing two important clients to competitors - due to failure to act is a serious matter and actually grounds for dismissal (even in Europe)
what else is there to think about?
end of story