I can't speak for Deloitte, but having seen some of the numbers of a bunch of large companies, it doesn't matter a whole lot. Like yeah, in absolute its a big n

I can't speak for Deloitte, but having seen some of the numbers of a bunch of large companies, it doesn't matter a whole lot. Like yeah, in absolute its a big number, but relatively, for most companies its nearly a rounding error. It's much more about talent acquisition/retention vs perceived output, etc. For a lot of companies that did go all in, they generally give the money they would save in some other form (eg: food cards, paid home work setup, etc). The real estate itself is often also locked in for 10+ years anyhow so they can't easily get rid of that, and at best saves them from locking down extra locations.