Our CEO generously offered generous 1% yearly salary adjustment to the trade unions, an RTO mandate and a plan to reduce the number of employees by 20% in a few years, despite having record earnings. It's a bluff of course and the unions will dress that clowhouse down a bit, but they weren't so brazen in the years before.
Good for the employees, they are organized in a union. This is not so typical for IT workers, at least. Meaning, in most other settings the clown show can continue for quite a while.