Clearly management class figured out a fun little plan. Announce RTO so that people can 'self-select' thus reducing headcount ( lower cost ), introduce hybrid ( so that you can claim you are flexible in posting even if you offer 1 remote day out of 5 and save real estate at the same time ), sell non-performing real estate ( lower cost ) and cramming employees into rotating cubicles ( efficiency ).
What does it all translate to? Bonuses.
I am not exactly a revolutionary type, but its now or never if you are on a particular side of the fence. Whatever window is there to establish a normal, it is closing now.