It doesn't change responsibilities, but do you not empathize at all with how it can impact motivation? Any human would be affected by the uncertainty of whether they might be fired the next day, whether their colleagues might be fired the next day, whether they are going to be part of the company's future and (presumed) successes.
And before you say "this the NHL, they are millionaires, they should suck it up", I'll say this: this is the NHL, every single person in the league is an elite athlete, the difference between first place and last place often is just a few percentage points of effort & execution. Even the slightest amount of doubt, or lack of motivation, can have a huge impact on a team.