Personally, I don't believe this is a "schism"
What was once one institution, is no longer one institution.
What was once in concord, is now divided.
What kind of label would you put on it?
Labels are labels, call 'em what you like
and I don't think "the world suffers because of this event" either.
Perhaps this needs to be elaborated upon. Events of this nature harm not only those directly involved, but also the wider monastic communities, people are liable to take sides, or hold views as to who is right and wrong in a situation, and this will naturally extend out to us lay people who may feel sadness or resentment. Those new to the Dhamma who come across such news might feel put off by it, thinking "This doctrine claims to put compassion, tolerance and harmony to the fore, and yet such actions have taken place. Those who formally may have supported an institution may now be undecided as to how to proceed with their support.
Disunity, disharmony is to the detriment of the Sasana on the whole. If the Buddha Sasana is for the benefit of the entire world, to it's aid, then it would be fair inference to say that anything that harms the Buddha Sasana, harms the world.
The very fact that you and I have a difference of opinion on this matter is proof enough to me.
EDIT: I don't want it to be seen as though I hold a particular view on the matter, I'm just trying to look at it objectively and say: here is the nature of it, how can we learn from it. If anyone
at all feels I have overstepped my bounds, then please do not hesitate to instruct me on how to proceed.
With metta all