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Because upper management have more power than you or I. If either of us were fired, it's unlikely to be front page news all over the world.

It sucks, but that's the world we live in, unfortunately.

Because no one cares if you get fired but people really care if a CEO gets fired. The scope of a CEO's responsibilities are near-global across the company, firing them is a serious action. Your scope as an engineer is, typically, extremely small by comparison.

This isn't about being better at all.

> Why should "upper management" get a graceful farewell

Injustices are made to executives all the time. But airing dirty laundry is not sagacious.

All I saw was one phrase indicating there was cause for termination, with no additional explanation. This doesn't seem like airing dirty laundry to me.