So why isn't it? Genuine question. A enormous number of jobs can be done remote. Certainly mine (I've been full remote for over three years - one day during Covid the boss just told everyone to go home and we literally never went back to the physical office, which no longer exists). I can see entire companies, maybe entire industries, where vast amounts of the work can be done remotely.

So why aren't all these companies cutting salary costs by 90%? That's a huge, huge amount of money. The stock price would go berserk. Dividends would soar. The C-suite would see incredible increases on their wealth. So if all these jobs can be done for 90% less, PLUS the savings of having no expensive office lease costs, why aren't they?