I think you’re right, and there are multiple reasons executives don’t see office space as a “sunk cost.” A small part may even be that they value work done in-

I think you’re right, and there are multiple reasons executives don’t see office space as a “sunk cost.” A small part may even be that they value work done in-office more than work done remotely. But just pointing out it’s not the most plausible objection to remote work.