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Yep. It’s insane every time Jassy says that it’s to increase productivity. It’s so insane that he’s stopped saying that at this point, and now basically says it’s “because I made the call, and you have to follow it”. Amazon claims that they are a data driven, “Day 1” company, but clearly this is not the case anymore, if they ever were.
Enforcing your will on the workforce is more important than profit.
Or more “charitably”, this short-term hit to profits is required to stem moves towards more workforce autonomy.
Also most of the ultra rich are heavily invested in real estate, and remote work terrifies the real estate industry.