Decentralizing the office lets us decentralize where we live. You can live outside a city or in the middle of nowhere as long as you have a good internet connection. Makes cost of living go down, and puts less pressure on the real estate industry for high density areas.
It's sad because we've lost a lot of great developers to this notion that the only way to move up is to move on. It sucks, but it seems like companies these days think they're buying you in at a particular price and it's ok to drip feed you raises over the years, and then are surprised when you move on to another company willing to pay you what you're really worth at that point.
Imo a huge win in the long run.