https://arstechnica.com/information-technology/2024/05/rto-mandates-led-to-pronounced-exodus-of-senior-workers-at-top-tech-firms

A study analyzing Apple, Microsoft, and SpaceX suggests that return to office (RTO) mandates can lead to a higher rate of employees, especially senior-level ones, leaving the company, often to work at competitors.

Some company leaders are adamant that remote work can disrupt a company’s ability to innovate. However, there’s research suggesting that RTO mandates aren’t beneficial to companies. A survey of 18,000 Americans released in March pointed to flexible work schedules helping mental health. And an analysis of 457 S&P 500 companies in February found RTO policies hurt employee morale and don’t increase company value.

https://cdn.arstechnica.net/wp-content/uploads/2024/05/RTO.pdf