1. Those "employee-appreciations" were a cost-saving measure to retain talent. 20% time towards projects that benefit the employer vs getting paid 20% more, or free food at an incremental cost of $100/mo/employee instead of paying $2000/mo/employee for equivalent comp-based retention.
2. We are no longer in a severe labor demand deficit. Quality of life will converge on the American norm - treating employees like disposable cogs, under layers of brutal middle-management politics.
3. "Believe that people can change the world", or caring for and investing in employees... Can you point to any industry that was sustainably disrupted by a company following such a mindset? The only examples that come to my mind are niche companies that market based on such an ethos, like Patagonia. Of course there are stable European companies, and US union shops, but those aren't disruptive. WeWork had that ethos for a little while I guess.