More like there will be a bifurcation. Newer and smaller companies will embrace remote jobs. Older companies with an established in-office culture? They have already ditched remote in favor of RTO.

> Companies are being rewarded for being efficient in the stock market

Eh really? NVDA, AAPL, GOOG, META, TSLA etc are the big winners and all of them have mandated RTO with jobs situated in SFBA. I don't seem them moving out anytime soon.