Some thoughts on initiatives:

Initiatives Launched:

We have continued to publish “The Loop” monthly to share the UX research and product exploration going on within the Product, Design, Community and Engineering teams within the company. We will continue to solicit feedback through The Loop as well.

The initial run wasn't exactly well received and generated lots of questions on it's purpose and intent

We have established what we believe are clear and open guidelines to deal with situations where moderators may need to have their privileges revoked or to be reinstated. We know the processes aren’t perfect yet and you have shared how you would like us to improve them. We’ll be reviewing your feedback and work to incrementally improve these processes for transparency. Our goal is a set of procedures that work to protect all users, the Community as a whole, and the company while being respectful of our moderators.

Again, the "Here's our glorious Edict" left a sour taste: Review Feedback post

We have released an updated Privacy Policy that incorporated feedback from Community Managers along with a meta post for questions and discussion that accompanied the update.

This one feels more business and legalese. Ironically the post privacy-policy-updates-feb-2020 which has a couple of discussion points has only 1 form of communication which effectively kicks the can down the road to "the near future". If you're just going to tell us and ignore questions for clarification then post it as a blog.

Initiatives in Progress:

We have defined a standard process for new policy or process review that includes Community Managers, employees who are long-time community members, and Moderators before being shared and put into place. Our plan is to provide new policies to the planned Moderator Council for feedback periods before they are made official. We will then share it with all Moderators through the Stack Moderators Team for advance notification. We value the deep understanding that moderators on the network have of their communities and users, and welcome honest, respectful feedback from the greater Stack Exchange Community.

I want to stress that before being shared and put into place feels like one of the problems we've been talking about. It's fine if moderators are involved in a sort of alpha stage approach, but not opening up to meta/community for additional feedback before you "share AND put into place" is one of those pain points, we can't feel heard if you just keep making announcements.

We are encouraging employees to be active within the community, both officially on metas and for fun in their areas of expertise or interest, and will be providing simple guidelines and a helpful FAQ for employees in the next week.

Good

We are defining our commitment to responding to Meta posts & Moderators questions through our new standard process and will be sharing that with a group of Moderators for feedback. We will share it with you all within the next two weeks.

I find it a bit off that "responding to the community and mods" requires a standards process

We have drafted our followup and clarification on the Content Licensing issue and will be publishing that within the next two weeks.

Good, I know this is a sore spot

We will be creating a Moderator offboarding process, including a survey and interviews with departing Moderators. Our goal is to take the time to listen to and understand why a Moderator has chosen to resign and how we can improve the site, processes and policies. We will send this survey to the recently-resigned moderators so that their suggestions can be considered.

I'm not sure why you need to send them a survey, almost all of them left feedback in a "why i'm resigning" post. Further more listening in the first place would have prevented the need for all that offboarding in the first place.