I feel like this is a huge load of crap.

These are highly intelligent people. They got to be very high up in the food chain. They are driven. They are smart.

Yet, the claim is that they can't imagine there exist people not like themselves? Sorry, not buying it.

More plausible to me is that remote work will hurt their bottom lines because they (and their superiors, investors, board members, etc) heavily invested in real estate.

Means, motive and opportunity.