That is a fair point. However, my point is not that the CEO should face consequences, but voluntarily take responsibility in some meaningful way. "That's on me"

That is a fair point. However, my point is not that the CEO should face consequences, but voluntarily take responsibility in some meaningful way. "That's on me" in a corporate email != taking actual responsibility. The empty platitudes are the problem. The accommodations for employees who are being let go are above and beyond, which is the silver lining.