We have a few remote employees in the company I work for (I'm one of them), there are still some things we could do better, but it works well. When there were strikes and it got difficult for people to go to the office, many worked remotely. It worked well since we already had the tools and processes in place, and some colleagues who were skeptical about being able to work remotely discovered they liked it.

In companies with no remote workers and with no tooling/processes in place, it could backfire.