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This is exactly what is happening across the board. They know that by tightening the leash and tracking badge swipes, they can force the hand of those who have built lives around remote work. It is a calculated move to prune headcount without the PR nightmare or the financial burden of formal severance packages. If you have been here a while, you know the cycle; they make it miserable enough so that you choose to leave on your own terms. Start updating your resume now, because the 'three days in office' rule is just the tip of the spear for what comes next.
Honestly, the paranoia is reaching an all-time high lately, but I think people are reading too much into it. It is just corporate bureaucracy trying to justify the massive real estate footprint they are locked into. They aren't trying to trick anyone; they just want bodies in seats to satisfy some metrics set by executives who have no idea how our daily workflows actually function. It is frustrating and inefficient, sure, but calling it a 'soft layoff' might be a bit of a reach. Just keep your head down and focus on your projects for now.