It really seems like a strange thing.
On the surface, many of Bloom's moves have looked good. IMO, more good than bad, but the W-L record has been in decline.
Last year:
Good: Wacha, Hill, Strahm, Paxton (looked better than Richards, Perez, Andriese, Sawamura, Robles and Ottavino trade in 2021)
Bad:
Story, JBJ trade is a lot more money and worse than 2021's Renfroe, Marwin, Santana
This year:
Good: Paxton (option), Jansen, Martin
Bad: Kluber, Joely,
Good: Yoshida, Turner (Reyes addition & last year deadline additions: McGuire & EValdez)
???: Duvall, Chang
Bad: Kike extensión, Mondesi trade
The Kluber signing did really hurt, and Kike's D and O have taken their toll, too, but the rest seem to have outweighed those two.
(Cheap additions from beyond 2021 are coming through: Refsnyder, Schreiber, Whitlock, Verdugo, Wong and Wink, while the only bad Bloom holdovers look to be: Pivetta and Bleier via Barnes.