they'll pick the most efficient option-- to them, it's not "people HAVE to live this far away or less". it's "alright, who lives the farthest away and are potential new hires closer". basically, they'd define "near" based on where employees live and where job applicants live.
it'd result in a world where the people who can afford to live closer than their coworkers are the people with more job security. it'd be more wealth inequality
congratulations! companies now have motivation to hire people as close as possible to the workplace, as well as fire those who live further than everywhere else!
those optimizing fucks would run that idea into the ground, i think
its thursday