As a flipside to this, I could also see companies abandoning or downsizing office space and putting more of an emphasis on remoteness. But obviously those are fixed costs, and layoffs provide more flexibility. It’s also worth considering that remote work comprises many “luxury” positions (e.g., software engineer) so there might be pressure to retain that technically-skilled labor vs jobs that are more hands-on and require an in-person presence. Ultimately I don’t know.