Yes to both of your questions? The ceo directly stated that this decision was to increase profitability by pulling in more new users. There's no ads. Which means either selling personal data, or charging. Or both, which they do.
If feedback actually was taken into consideration, you all would stop changing the UI. The number of people who like it are the minority. The people who asked for it are the minority. The people who will switch from other browsers to firefox is less ...