Likely "Return to Office" is actually raising fixed costs(office space,devices,maintenance, electricity,etc) to pre-Covid levels, which means it much costlier

Likely "Return to Office" is actually raising fixed costs(office space,devices,maintenance, electricity,etc) to pre-Covid levels, which means it much costlier to have tons of people on premises vs remote workers(which don't require all these things) That and IRS rule changes that removed tax writeoffs for "research".