It looked like he spent the time trying to control the chute despite the tangled lines, but having no luck.
It takes a certain amount of trust to cut away a parachute that is still functioning at least well enough for you to survive the trip all the way down to the ground, even though you have no control over what kind of lethal shit you may drop yourself onto. At that point my mind would probably be panicking “OK, that first chute was a tangled mess, what if my backup chute is packed even worse?!?” It’s hard to say how rational I’d be in a stressful situation like that.