Expensify launched a glitzy lounge where employees could pay $9 a month for coffee and cocktails. The company is shutting it down just 6 months later.

• Expensify is shutting down its upscale employee lounge in San Francisco.
• The move comes six months after the space was launched as a return-to-office "experiment," per CEO David Barrett.
• Barrett said companies pushing a return to office mandate are "fighting a losing war of attrition."

In April, Expensify launched a glitzy perk for employees and clients in its San Francisco offices: a lounge that served fresh cappuccinos, hand-mixed cocktails, and a nightly sabered Champagne toast.