I've been slowly perusing the job market since May or so, and the number of remote jobs in the area I'm looking has certainly decreased. I wouldn't call it a U-turn either though... The opportunities are still orders of magnitude better than even 5 years ago. From that perspective, we're still way ahead (for those of us who want these opportunities, at least).
In my experience, it seems every tech company around has let their office lease expire. We have been pushing for a while to get a coworking space for ages but management refuses because it costs money they don’t have to spend. Pretty depressing but I’m having a hard time finding any job listing that has an office available.
Anecdata: the previously “remote first always” startup I work for has recently started to backpedal on that and target onsite hiring. So at least in VC land there seems to be push from investors to shift more to hybrid or onsite
The same VCs who caused some banks to fail because they all copy what each other is doing?
The very same. They also curiously laid off almost exactly 20% at my company several months ago which was suspiciously like a lot of other VC funded companies’ layoff amount