I'd liken it to turning off the ignition by turning the key while driving your car. Possibly something that could happen if you're really fatigued, but requires quite a mental lapse.
That is, is it possible they flipped the switches over to RUN but did not seat the switches properly, and instead leaving them on top of the notch, with later vibration causing the switches to disengage?
Just trying to think of some semi-plausible non-active causes.
08:08:35 Vr
08:08:39 Liftoff
08:08:42 Engine 1 cut-off
08:08:42 Engine 2 cut-off
08:08:47 minimum idel speed reached
?? One pilot to other: why cut-off. Other: Did not do it
08:08:52 Engine 1 run
08:08:52 Engine 2 run
1 second to switch them both off and then 4 seconds to switch them both on. No one admitted to switch them off. They are probably going with fine comb over the audio and also the remains of the chared switches.
Looks like the engines react very quickly to cut-off so it is not clear whether the question about the cut-off is prompted by a glance to the switches or the feel of the airplane.
The big question is whether the switches were moved or something made it seem as if the switches were moved.
It's not a rational decision, so there's no reason to expect rational decision making or explanation on the output.
The workload is pretty high during the takeoff phase. The engines react right away when fuel flow is stopped. The engine displays can have some lag before data is updated.
Relighting an engine at low speed is not feasible - most need 230-250kts IAS before attempting the operation. Maybe you could do it if the APU was still running and could provide compressed air, but it takes about 20-30 seconds to start up amd then probably 5-10 more to spool up to full thrust. I am speculating here a bit, but the pilot did not have enough time to save the plane even if he did everyting right and as fast as humanly possible.
All this aside is overshadowed by the limited amount of time the pilot flying (I would assume the captain in this case since there was only one ATPL pilot in the cockpit) had to troubleshoot the issue of a dual engine failure - as this is what would have felt to him - during takeoff.
You can do them both with one hand.