Something similar happened to my mom several years ago.
She was asked to work on a task, and came across a bunch of unpaid invoices. When she brought it up to her boss, she was fired the next day (after a performance review two weeks earlier during which her boss said she was "hitting it out of the park.") 6 months later, it came out that her boss had been embezzling, and fired my mom when she started to unwittingly uncover it.
Not saying something like that is happening here; there's not enough context in the post. BUT, if it's truly out of the blue like you suggest, I think it's definitely suspicious.
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