Hey Adam! Thanks for sharing that insight.
You are 100% right that coders and engineering managers with "good jobs" always think "the company" must care about retaining them, but companies generally prefer to cut "replaceable / outsourcable" labor costs whenever possible to temporarily inflate stock prices in the short-term (layoffs and/or buybacks).
I'm still left wondering why companies don't abandon all that commercial real estate in favor of higher profitability, but I guess that's why the "real capitalists" (rentiers) make the other "real capitalists" (executives) sign 10-year leases. 😊