In my anecdotal experience talking to people applying for jobs right now, this practice has come back in full force. You can expect final round interviews to be on-site unless otherwise specified. The days of getting hired entirely remotely are over.

A friends' company has even ended remote hiring altogether after auditing their remote hires and discovering a lot of connections from countries they didn't expect.

There's even a growing scam where people get recruited to lend their identities and bank accounts to someone else to get the job. Then they're asked to install some software on the company laptop and leave it open and powered on during the workday so someone can operate it remotely. Remote work is wild right now.

Standard and expensive (in terms of time and money) for both the company and the applicant