It was coming to an end ... for most workers except a privledged few.
At the end of the day any employment contract is like a game of tug of war on who has more power. When you have rare valuable skills and there are not enough workers the works pull > employers. The workers dictate the salary and working conditions.
When the pendukumn swings in the other direction like in a recession the employer has a greater pull in the tug of war game and the out of work worker has less than workers employers.
The employer then dictates the pay and working conditions. It was bound to happen as 2021 was an abnormality and an inverse 2009.
If this upcoming recession is another 2009 and bad with bank runs you can bet your back you will see Indian H1B1 visa holders competition and 60k a year jobs with no overtime or benefits that used to pay 200k + bonus as actual workers be the norm. What I typed sounds extreme but I have seen it 2009 - 2012 when we all worked 80 hours a week for 1/3 the pay happy to be employed.
Work at home then will be a distant memory