Drew McIntyre isn't going anywhere. There are obviously plans for him.
Losing streak angles are nothing new. Throw in the element Drew being on the verge of termination, its most likely he's going to turn face as the audience develops sympathy for him with each loss.
I mean think about this, about two months ago nobody gave an ounce of fuck about Drew McIntyre. But now when WWE tease releasing McIntyre, despite him being a heel, people are suddenly going "NOO!! NEVER WATCHING WWE AGAIN" and stuff (actual YouTube comments I've seen).
It reminds me someone taking a ball away from a child. Even if it wasn't playing with it, the child will still cry simply because you took away one of its toys.