I've had a poke through their SEC filings -- without revealing too much, the quarterly spend on "facilities" is about 10% of what they spend on compensation. There's a hiring freeze, but they've committed to a long lease renewal with a significant office expansion plan.
My little theory is that they're personally invested in the local commercial real estate. Quite a few of the board members are involved with other companies in the same area, which seem to have similar RTO policies.
People who want to project power do that thing of "I don't care what reality is, things are what I say they are" and the cryptkeepers in charge here definitely have that vibe -- but that only works when you have actual power over things. Here, they're trying to browbeat a tsunami, and it's actually kind of pitiful to watch. I wish them the worst, from the bottom of my heart.