Take a look at the 'precision' euphemism that's used in the rail industry in the US.Why is this moronic? This concept has been used for quite a while now. When people aren't in the office 100% of the time there's no need to have all that floor space going unused. Real estate is expensive, especially in places where Google et al have offices.
'Efficiency' can be a quest that goes awry.
Yes, it's stupid to be wantonly wasteful. Yes, it's also stupid to go to extremes to save money, when those extremes demoralize and dehumanize workers.
The current situation with the rail industry is a perfect example. One one hand there are big juicy profits and stock buybacks. On the other hand you have people who can't take sick time and who have 90 seconds to inspect 100 feet of train car, only to know that they're not supposed to report the problems anyway.