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Looking for an opportunity that better aligns with my long term goals
I don’t think it’s out of line to say the structure of the role you interviewed under changed
Don't go into detail, and definitely don't say anything that might be considered speaking poorly of another company. I go with the classic "I'm looking for a position with more room for growth."
There are a lot of things you could say, but I wouldn’t overthink it or give too much detail. I’d keep it simple—something like the structure of the company changed and your role no longer aligns with your long-term goals. Or you could say you’re looking for more growth than what your current company can offer.