I am willing to downgrade my statement “exceedingly rare” to “relatively rare”. It is certainly exceedingly rare in my sphere of experience. The last time I worked for a company that had shared computers was 16 years ago. This was on a trading floor set up for compliance. And they were in the process of phasing that out and making the computers on the trading floor just dumb terminals for Windows terminal server. So the desktops, themselves, ceased to be multi-user because they only ran the terminal server client, and it didn't matter which user that ran under.

After that, the only setup I've ever known was company-issued single-user laptops, and rarely BYOD. Company-issued single-user laptops are also what is used by all my friends and colleagues, where I have knowledge of such things.

With that said: The multi-user model is pretty broken on modern desktop Linux anyway, if you only look at how much stuff goes in $HOME these days, including software installed through flatpaks, configuration, even configuration with system-wide effects like power management and network, etc.