They are just moving on with the industry standard. I am quite happy with this layout on Gnome for a long time already. Get with the times
As it stands System Settings now looks different from every other preference panel on the system. I helped ship a sidebar+search design in IINA and we do a far better job that System Settings does. Go take a peek if you'd like to see how this could've been done. (Personally, I think most apps should stick with top tabs, but we–and Apple–are constrained by how many preferences we can show on screen at once.)