Earlier quoted context omitted.
I think you'll find that it makes sense if you begin imagining non-productivity reasons why execs want workers back. Sunk cost fallacy over an expensive office is a regular guess, personally I suspect that it's got to be quite a rush to see hundreds of people working at your direction in an office and remote work cannot replace that. That or bad management techniques work better in person.
It's astonishing how unified the message is, across big tech and smaller tech leaderships. It's like every CEO is reading a script from the same business magazine: "We understand how important it is for employees to return to the office and we can't wait to make this happen! We know that this is the One True Way to work, and that everyone is looking forward to it! We must get Back To Normal and the only way to do it…
Maybe they are afraid of a way more aggressive competition for workers and what they have to pay them. Considering they now could switch the workplace via different login credentials.