Their first big move this off season was as much a 2026-beyond move as it was a 2025 upgrade, as Gimenez is likely the starting SS from 2026-onwards. So far Atkins has not been operating in a way that dictates his job is on the line. Even if they end up giving Burnes $250m, it's a move that impacts future teams just as much as 2025 since Bassitt would need to be replaced after this season, and the Jays aren't exactly a pitching factory when it comes to development. I think we will know if Atkins is more "2014-15 AA" if he overpays Santander. That seems like purely a 2025 move with limited upside in future seasons. Gimenez you could at least envision being a 3 WAR SS moving forward, with potential for more if his bat is around league average. As you said I don't think either ownership or the FO wants to rebuild, but so far they haven't gone too deep the other way either.
It would help if we knew what Shapiro's long term future with the club actually is. My guess is Atkins is more in danger of losing his job than Shapiro is, but hard to get a read one way or the other given what has happened so far. They haven't traded any of their top prospects (yet) or made a short term "f the future" signing. They basically made a Varsho 2.0 trade and a simple RP signing. I guess it's possible they truly believe this approach is going to work as they haven't really deviated from what they did in 2023 and 2024.