Roughly 25% of Vice Presidents and C-suite executives hoped that implementing strict return-to-office policies would help bring on 'voluntary turnover' among employees, with 28% of remote employees considering leaving if mandated back to the office five days a week.
Around 40% of executives had to implement layoffs after fewer employees quit than expected due to new in-office mandates, potentially leading to a talent drain and impacting workforce morale and innovation.
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