Recent stance on 4-5 days in office may be out of step with modern workforce expectations and demonstrated productivity.
Maintaining work life balance for senior leaders is very challenging.
There are pockets of the company (they often sit outside of specific products) that seem to be looking for things to do. Meanwhile, many departments within products are constantly busy. Consider whether the non-product team could be smaller in favor of supporting a business from inside the business which is much closer to the customer.