That might be the case at some companies, but my company has realized this means less facilities, less money, less problems, and once companies (and shareholders) see that, there are going to be more questions about WHY do we need to spend money on your "towering glass box" when we can get it for free from the employee home?
The primary driver of RTO is the massive overhang in corporate real estate. Not only was it overbuilt, it is now also redundant (and not in a good way). Notice one of the primary drivers is Jamie Dimon, Charimand & CEO of JPMorgan Chase, who will be a huge loser in a office real-estate crash, as are many of the other drivers.
Meanwhile, most workers have seen that daily commuting is an absurdly wasteful anachronism, and astute managers have noticed (as IBM did decades ago), that remote work slashes Capital Expenditures for real estate, and has gives a massive talent advantage, since your available talent pool is national or global, instead of only a small radius around each office.
They can keep trying to make RTO happen, but it won't. RTO has flatlined, and remote will only grow. It'll probably stay stable as current office leases continue to run, but on expiration, any smart company will reevaluate if they really need so much office space.
With anachronism induced limitations removed and available talent pool unlocked globally, the unfortunate truth is that the average developer comp will come way down. I am not an RTO supporter and highly paid developers supporting RTO is the biggest hand gun ever in human history.
