The company I work for has 500 ish staff in the UK, all working from home, although we can go in the office if we wish. I tend to go in once a month. We’ve not seen a drop in productivity, and it actually means we’re not restricted to a talent pool based on office location.
I do think it’s exposed the people who only manage to operate by presenteeism, so showing they were at the office first and working late and having elevator conversations - the fact they can’t back that up with quality output is showing in a WFH culture, and those that were just good are their jobs are excelling.
Whats also interesting is that presenteeism is often, but not always, a male trait.
https://workplaceinsight.net/prevailing-corporate-culture-prohibits-productivity-and-gender-equality/