That's an absolutely massive chunk of time.
https://www.census.gov/topics/employment/commuting/guidance/...
A tremendous amount of time is saved just by being home.
God only knows how long that route takes now, but guaranteed the suck level has not gone down.
For example, I suspect the average waiter or retail working isn't going to favor a far away location over something close to them. They all probably offer similar compensation and work environments. However, a white collar worker is more likely to take a faraway job if it pays well.
I can do that to the amount I need to in about 15 minutes WFH, but it takes much longer if I'm going into the office.
99% of time if you want to get promoted or get a pay rise you apply somewhere else if you want your pay to match your responsibilities.
The rest are literally calling Dell's bluff that any potential promotion would be less valuable (monetary or well-being). Good on them!