As long as there is a shortage of talent, companies will do what it takes to attract them. If company A can't get people, because everyone is going to company

As long as there is a shortage of talent, companies will do what it takes to attract them. If company A can't get people, because everyone is going to company B for WFH benefits, company A will offer it too. And there is still a shortage of people... The recent layoffs will result in resources moving around, not a severe shortage of positions.