This isn't universal - a good friend of mine works for a team that is getting shipped off to IBM as part of a merger, and told to apply for the new IBM jobs if they want to keep working there. Ignoring the ugliness of that situation for the moment, he specifically asked about this news of remote work ending as it relates to how coding jobs would be impacted, and was told that the jobs he was applying for were intended to remain remote.

All the news I have seen has been about the marketing team, and my story is just one team, so I have no real idea what the big picture is, but it seems to be more nuanced than what we are reading about in the news.