Alienation started seeping in, more so in the new Joiners as they had no connection with their colleagues as face time while working in office, they never had felt the camaraderie of the physical world.
There is a positive impact for people who are no more required to travel long distances and could save time and money to travel. The related stress and wear out due to this is certainly adding to better momentum.
Constantly working in the virtual world with limited social interactions has lowered employee motivation and increased stress. And in some cases, it is also the result of an increase in monitoring and micromanagement.