I was reading through the thread below and a commentor said that the real reason for return to the office is because upper management is just projecting their own insecurities and their own endless time theft.

Which if you think about really makes sense if your goal is to be "the boss" then you have this jaded leader/follower dichotomy vs just being a great strategist that can do more with scale. I think that's why a lot of smaller places are going to stay fully remote. They are about the work first, prestige later. This means that efficiency of these big places will be going into the toilet next 5 years as talent filters out and their advantages are lost.

https://www.reddit.com/r/todayilearned/comments/10iy1ze/til_bosses_spend_significantly_more_personal_time/