It's an over-compensation for the earlier responses that blamed things on "unforeseeable market conditions" or something in a "we did everything perfectly and this is just the way the world is" kind of excuse.

It doesn't really help the people who are out of a job, but I think it's a nice gesture at least to say "this one is on us, we'll reflect on what went wrong and try to do things differently next time" even though I have around 0 faith that any of these leaders would hire less in another Covid-like scenario where funding was cheap and demand for their services was growing.