I doubt it. A company that is doing RTO is also a company that is aggressively offshoring and expecting you to spend your early mornings/late nights on IST friendly calls. It's just a general turn against US-based software engineers as belts tighten and the balance of power in the labor market shifts.
The vast majority of American software companies worked from the office in 2019. I understand and acknowledge that some people advocated for remote work even then, but I don't understand this idea that CEOs disagreeing can only be explained by belt tightening and disrespect for engineers.