No one knows what the future holds, but as the dust settles on WFH, I think that FAANG will double down on in-office and use their leverage as desirable large market cap companies with lucrative total comp packages to selectively seek out and retain those who are willing to agree to an in-office or hybrid work environment. They have identified in-person collaboration as a key competitive advantage going forward, want people who agree with that philosophy and don't see the need to budge despite threats from some of their workers that, without WFH, they will quit and the company will wither and die without them.
WFH will continue to proliferate among lower tier companies who simply don't have the same levers around prestige and compensation to recruit and retain good talent and are more strongly incentivized to embrace remote work.
WFH will continue to proliferate among lower tier companies who simply don't have the same levers around prestige and compensation to recruit and retain good talent and are more strongly incentivized to embrace remote work.