When things get tough, people go to ground. It happened in 2008 with the housing crash: people feel unsure about their immediate future and they look for stable jobs, even if they pay less. I've started getting headhunters calling, offering 6 and 12 month contract gigs for decent money. Not like, fuck you money or "quit your life for a year and move to california" money, but decent.
Google is still in the fuck-around stage
Pay cut: Google employees who work from home could lose money
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presumably they will hit the find-out stage if they actually implement it widespread. Meanwhile their execs are relocating to New Zealand.