Senior HR person here: After years (decades) of experience, much of it spent as an HR partner advising executives or in the top HR job, I'm sorry to say that I've also never seen exit interview feedback used to drive any real change.
That doesn't mean that it's never happened at any company and it would be enlightening to hear from anyone who has those examples. I can just tell you that in my experience, "exit interviews" is one of those topics that executives love to rally around, especially when they see unwanted attrition spike.
They want to have HR design a survey, spend countless hours meeting 1:1 with people, gather data, analyze the data, report out on the data. Come to the staff meeting, show us your findings, tell us what we could be doing differently! The response in my experience is always either crickets or thanks, this is great, see you next time. Sometimes there can be months - or years - of trendline data that is obvious regarding a team, a location, a product, or even a specific individual, and nothing is done.
My take is that they see exited people as just that: they're no longer around, and life goes on. Exit interview data is ultimately interesting but not actionable, especially if the action seems hard or unpleasant. The only type of feedback I've ever seen that consistently gets executives to sit up and take notice is a lawsuit and/or reputational damage, because that kind of feedback is very public and it threatens the bottom line.
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