They might switch to remote to work for one of these firms, at a much better pay. Eventually, they might transfer to a team that's more committed to staying in

They might switch to remote to work for one of these firms, at a much better pay. Eventually, they might transfer to a team that's more committed to staying in-office and get an L1 company transfer. I've seen it happen (very frequently). There are very little arbitrage opportunity in this world.