Because it's not a soap opera and you're not owed anything about the personal business of other people. As an individual, I have every right to control the narrative for why I've left a company (assuming nothing illegal).
I know it's standard business procedure to outright lie about these things but it becomes farcical when you basically sink an entire company and then get to "resign" and pretend it's not because you did a terrible job.
Only if it's a recurring issue. People can be a horrible contributor at Company A and a rockstar at Company B - should my entire future be anchored because of a single event? No thanks.
> I know it's standard business procedure to outright lie about these things
This is just silly. It's no different than how anyone reacts in any non-professional setting. Do you tell everyone in your life about every fuck up you make? So why expect that from our professional peers?
As a parent of two very lively small boys, I can say that "enough time with family" is a thing.
2010
Retires from head football coach at University of Florida.
"I know it is time to put my focus on my family and life away from the field."
2011
Becomes the head football coach at Ohio State.
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I say this as a bitter Gators fan.
"Man I hate this place because ____, and I'd rather spend time with my family."
That doesn't preclude wanting to do other things too.
No C-level exec resigns "effective immediately" without either a transition plan in place or something concrete lined up. I get wanting to allow him to say he resigned instead of he was fired, but the silly language of the press release just makes it worse.