80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’::As some business leaders accept hybrid work as a permanent reality, others are backtracking on earlier pledges to let employees work from home.
Plenty of business owners in the US are invested in commercial real estate, so an undercurrent at least in the US is that a lot of people with decision making authority over this kind of thing personally stand to lose money if the value of commercial real estate falls.
It seems a bit off and corrupt from a business standpoint to deliberately mismanage your business in hopes of limiting personal losses from investments in other industries, but most of how business works in America seems off and corrupt to me.