A company's profits can remain high even while operating very inefficiently.

You seem to have strong opinions on WFH. Find a job that agrees and allows this. If your current employer requires RTO, well.. they're paying you to be in the office so show up and stop the conspiracy theories.

It's objectively vastly more expensive to operate an office building or buildings. No organization is going to decide to incur the significant expenses and liabilities associated with operating facilities with people in them if they don't need to. Very little logic supports your claims, especially regarding the "CEO" and "fad" points you are attempting to make.