I have joined a FAANG recently and by comparison their culture is painful for remote, despite them having 2 years to refine during the pandemic. It is slowly getting better this last year, but culturally they are still years away from being effective at remote.
For those who say Real Estate is the reason, that math doesn't add up there. Apple doesn't give a shit about 5 billion dollars in real estate that is wasted if they think it will make employees less productive. That's a rounding error on most of their products. They genuinely believe it's at worst neutral to demand RTO.
Banks says they are solvent because they have "hard" assets to borrow against. Govts promises the paradise with future taxes.
Got to the office? Pay toll
Got a coffee? Pay taxes
Consume more petrol/gas for your car? Pay taxes.
More electricity? pay taxes.
You can't expect they let you out so easy right?
You may think they are wrong. You may not like that they believe this. But they really do believe that in-person is better for getting stuff done, and that's why they want it.
Consensus where? many managers quote the Microsoft study that Remote work is making productivity and innovation harder for example