Agreed. I've worked remotely and in-person. Both are nice once you develop the right processes.
But having half the team in one office and the other half remote seemed to be the worst of both. When I was remote I felt relief when everyone else in the discussion turned out to be remote as well, and when I was in-person it was similarly nice when we realized that everyone in the meeting was physically present.
So it's not surprising to me that companies would gravitate one way or the other.