Mmmm.... it's true for small places but for larger places like FAANG? They are spread out geographically in hundreds of buildings, and have to fly to see each other for meetings or anyway videoconference.
They do not actually succeed to "work together in meatspace" very well when their teams are already in different timezones, cities and even a drive away in the same city.
Some companies will springboard off this, and some will cling to the Old Ways.