True for companies that aren’t locked into their pre-covid space. Some have decades-long leases, others own the buildings outright. My last place was able to walk away from a lease that they had just signed months before covid hit, and downsized to a space that just had some meeting rooms, a couple offices for execs, social space and server rooms. No need for a bunch of desks, they went 100% remote during lockdown and decided to stay that way permanently.