Is this due to remote work model failing or the current weak economic climate or due to some other factors I am not considering?
I wish that working across the European borders should be more accessible than it is today.
https://archive.is/20230511110219/https://www.theglobeandmail.com/business/article-remote-work-revolution-fail/#selection-1145.79-1149.214
The good-faith argument. They say that by being in the office more often it will improve team cohesion and possibly improve productivity and even create more opportunities for cross-team connections (random meetings in the lunch hall, hallways, etc.).
The bad-faith argument. They've spent millions building out new office space for a workforce that was likely larger than it is now and to see it go unused would be a shame. Solution: mandatory 2-days in the office. Lol.
Outsourcing has it's overheads, but even if hiring remote would be a better fit, most companies can't adapt fast, and for most companies that are not startups, few years are not that much time.
The best way to work remotely is to move a place with low cost of living, and bid on jobs from all over the world, in this case there are plenty of options to choose from.
“What workers want” (2021) https://greylock.com/greymatter/nicholas-bloom-stanford-what...