Pretty sure all big tech companies are colluding right now. The plan is to “over-fire”, basically layoff more people than they need to. This will actually help bring down inflation because tech workers are so highly paid. When it comes time to ramp back up tech companies are going to use their newly created leverage to require new hires to work in the office. They might still offer hybrid work, but 100% remote will be rare.

Basically, the ruling elite want to cool inflation while helping the value of their commercial real estate recover (by doing away with WFH). Laying off a bunch of techies making $150-400k/yr is quick way to accomplish those goals.