Another factor with the vibes being off (at least in the US): mass outsourcing of jobs thanks to remote work. You used to have to be a multinational company with global entities and offices. Now you can be a 10-person startup with half your people outside the country.
When the world went remote many folks were happy with the better work-life balance. But it means that we compete in a ruthless global labor market.
That's why companies rejecting remote work is good for the American worker in some ways.