I don't think it's cynicism at all. It may not be explicitly about being able to call someone up at 8pm, but rather about building a culture where everyone is

I don't think it's cynicism at all. It may not be explicitly about being able to call someone up at 8pm, but rather about building a culture where everyone is hanging out at the office all the time and your social circle revolves around your coworkers. That's a deal if the company can get that for $500/month.