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A lot of assumptions there:

1. Software engineers have job mobility.

2. Software engineers who work from home are the best people.

The best people have job mobility, and some or many of them like to work from home.

Absolutely not true if you consider the fact that many of the smartest are on H1B visas.

Wouldn't they be on O-1 visas. Still, I get your point.

H1Bs are royally screwed.

You do what you are told and keep your head down.