I think the long term trend with this is that the market is going to be segmented. You're going to have companies that allow remote work and operate that model

I think the long term trend with this is that the market is going to be segmented. You're going to have companies that allow remote work and operate that model going forwards. They'll establish some minimum requirements for on-sites, working hours, performance management etc. They'll have access to a wider pool of talent, a lower average cost of employee, but it'll be more difficult to establish those systems. Then you'll have the permanent work from office companies. They'll have minimum hours in the office, a limited talent pool, higher cost of employee, higher costs of office space too. Over time you're probably going to see the latter group outcompeted by the former group, simply because the latter group can provide far more benefits in terms of quality of life, more competitive effective comp (they can pay you less, but your cost of living can be far lower), and of course the fact that the latter group is just the "back to normal" group where presenteeism has replaced productivity in a lot of the real metrics for success. Of course there's the real third category - the companies who loudly say they're work from the office, but whose entire management chain understands that's untenable after spending 2 years hiring in people telling them they can work remote and so the policy will be "work from the office" but the real policy will be "don't let Elon Musk catch you working from home".