Could be age / career related - VPs of big companies are usually experienced professionals, so they have strong(er) roots in the Bay Area, with kids in school.
But the number of management moving out is ZERO - at least anecdotally. Once we're allowed to go back to the office and they all go, how long until tech leads and architects also follow? Then "interns and junior employees should be at the office so it's easier to mentor", and then remote becomes something mid-level and seniors-who-plateaued or a CLM position. Which is fine, if you know the tradeoffs...
- WFH or in-office 2-3 days per week
- Office every Wednesday
- Team get-together once a month
- Remote in the same/adjacent time zone
- Remote anywhere you want that we can legally hire you (seems unlikely)
- Remote pay-adjusted (or not)
- Whether there is an office or not
In general, I expect the extreme cases will be fairly rare but pretty much every one of the scenarios (as well as whether they're mandatory or optional) will drive different decisions relative to 5-days a week in the office.