Forcing employees into an office while our entire executive team and most of our upper management is remote has to be the most hypocritical thing this company has ever done. At least under Mike, he and others were actually in the office.
If RTO were really about collaboration and face to face time, our execs would relocate, open more offices, and ALL employees would be mandated to go to an office or risk being made redundant, just like FAANG did post-COVID. So what's the real reason here?
As others have said, most likely hoping for natural attrition, especially since they did this while gas is at an all time high and increases/equity are at an all time low. If they don't get the reduced headcount they hoped for by the October deadline, you can bet there will be another big lay off in Q4.