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by datacruncher01 993 days ago
I think the cat is out of the bag, didn't suffer in productivity from WFH and in fact many companies posted some of their best quarters. They got giddy on the returns and overhired and overspent, now credit is expensive and they are tightening back. Enforcing RTO is an easy way for most companies to cut 10% or more of the workforce.

Realistically these companies are going to lose out to companies that have embraced remote work. The benefits of not having that expensive downtown real estate and being able to hire talent from anywhere are too good.