Comment by sokoloff
If Amazon (or some other company) thought they were going to be more profitable and more successful working remotely, I don't think the threat is credible of some commercial property owning shareholders deciding to further underperform the market by dumping shares unless that company made the decision to underperform by forcing RTO.
"If you want to threaten me that you'll underperform unless I do, be my guest..."
I suspect that different companies could have different motivations (including potentially forcing resignations), but it strains credibility for me that it's to answer to shareholders in conflict with what they think will make them successful.
> If Amazon (or some other company) thought they were going
This presumes that the company is fully capable of measuring and comparing the utility between RTO and working from home. That might be the case or it might be mainly due to management culture and other indirect factors but neither is self evident.
Major corporations are almost by definition have massive amounts of bloat and inefficiency to one degree or another and are carried (especially tech companies) by certain products/teams/departments the rest are often there only for the ride (short to medium term at least and who has time for any "long-term" development these days?). To be clear, I don't think this has that much to do with people who are "lazy" or hard workers (you can put in extreme amounts of effort into something that leads nowhere).
Anyway, not particularly pro or anti-RTO but I just find it bizarre that we usually assume that decisions making in large companies are always logical, rational and quantifiable and are not made to benefit specific subgroups or individuals in one way or another.