Yep you read it right. Because of the mandatory return to office policy, a lot of employees are either resigning and going for remote jobs at international companies or they will go freelancing/online business. Most Filipino workers here now realized that no job is worth risking our mental health especially unhealthy companies forcing us to go back to the office.
Mainstream media is not reporting it HOWEVER there were reports employees are threatening to resign if they force them to go back to the office. Also, there are a lot of recruiters reaching out to me lately because a lot of workers recently have resigned in local companies.
It's not as big as the US but it's a huge movement in my country now that workers don't want to waste their time and energy going back on-site.