Losing key perk under new leadership. - Engineer MATRIXX Software Employee Review

I would have given a positive review of I wrote this a week ago. Up until recently, Matrixx was a good employer to work for overall, in spite of high workloads at times in engineering. However, the new CEO just announced the removal of a huge perk that made it a great company to work for: Working from home on Tuesdays and Fridays. It can't be understated how big of a loss this is, and this will hurt morale among key engineers! At the same time she was announcing the death of working from home as a perk, she emphasized smaller perks, such as having a ping pong tournament in the office during lunch. Those are fine for those who are interested in them, but they come nowhere close to the perk of working from home, and the fact that Glo is treating it like they offset is a big red flag to me. Keep in mind that the removal of regular work from home days was just announced the day I wrote this, so previous positive reviews of Matrixx may not have been as positive without it. Consequently, the reviews about good work-life balance and working from home no longer apply. Many engineers took a job here for a lower salary because this was such a great perk, and I wouldn't be surprised if we lose key engineers over it. Matrixx isn't yet a terrible company to work for, but it won't be as good as previous reviews indicate, and there are red flags with the new leadership.