Good point. Also consider this scenario: Direct competitors choose different WFH policies. Company A: exclusively in-office. Company B: exclusively WFH. Compan

Good point. Also consider this scenario: Direct competitors choose different WFH policies. Company A: exclusively in-office. Company B: exclusively WFH. Company B can allocate all the savings from office space and infrastructure towards increased employee compensation (or whatever else they choose to spend on). Will the cost of office space prove valuable for the benefit of the in-person bonus performance? I think that a "Company C" that kept all their office space and still allowed employees to exclusively WFH would be making a mistake.