Worked there (in Chase tower downtown Chicago) last year. The oddest thing is that it was hybrid work (where we were onsite 3 days out of the week). So good luck tracking things the other two days. I took to listening to midi files of old VG music as my "background tunes" during work, so as to not use bandwidth that would be tracked for streaming music while coding. The tracking didn't really get to me (after all, it is "their time" that they're paying for). The tough part is that it makes "Oh I need to do a personal thing for 5 / 10 minutes." a near impossibility, and a change in my personal life drove me to switch jobs for better work life balance.
So no, I don't think that this tracking is the dystopian nightmare it's being portrayed as, but it does have consequences, which make the post-covid work / life intermingling schedule impossible to maintain. The real dangers of such a policy are who they will lose as a result of it.
EDIT -
I feel the need to add, that the tracking at the time of my departure was not as extensive as some of the claims being made here, which I am a bit... skeptical of.
So no, I don't think that this tracking is the dystopian nightmare it's being portrayed as, but it does have consequences, which make the post-covid work / life intermingling schedule impossible to maintain. The real dangers of such a policy are who they will lose as a result of it.
EDIT -
I feel the need to add, that the tracking at the time of my departure was not as extensive as some of the claims being made here, which I am a bit... skeptical of.