I’d be curious if it was easy (or even possible) to recover data from a FileVault encrypted drive, which any IT dept worth its salt could remotely wipe
Letting the former employee keep the laptop is the default, IMO. Although, frankly, I am not sure I would want to keep mine... sitting on a pile of a dozen laptops accumulated over the years.
And everyone watches porn on their on own devices anyway.
low power consumption and can probably run a couple of VMs, albeit not super well but well enough