Why give an inch? Meta is struggling because they put all their eggs in one basket, and turns out that was probably not a good bet. And now they're struggling for it. That's leadership's problem.
FAANG employees make up a group of some of the most hire-able employees I can think of. If leadership makes work hard, they will quit.
(Baring H1B employees, they just get the shit stick all around, but that's not unique to this particular issue)