SV companies are evaluating their employee's BATNA. And if more tech companies are going this route, everyone's BATNA is decreasing. They don't want to overpay

SV companies are evaluating their employee's BATNA. And if more tech companies are going this route, everyone's BATNA is decreasing. They don't want to overpay an "employee's market". It isn't just about the value an employee brings to the company when working in SV or the middle of Nebraska. It's turning into a buyer's market for tech jobs. Many people would be/will be/are pissed when a company eliminates remote positions and suddenly require employees to report to an office.