Fortunately, there are other employers who do want remote workers and will be happy to take them from employers who don't want them.
When bad decisions are made, the best people leave first.
When bad decisions are made, the best people leave first.
We don't know if it is a bad decision yet. It has not played out long enough to affect other parts of the economy or other businesses.
So far all we know is some people benefit from remote work and commerical real estate and local business within are being affected
I agree that in the bigger picture things are still playing out, but if the best performing engineers are working remotely, then mandating that they come back onsite is a bad decision from their point of view. It might be good for the company, but the conflict of interest will result in them leaving.