I don't get the problem. Isn't this the entire point of registering your work location in outlook? Why would you add it and be surprised if others can see it?
The update will use the Work Hours and Location information stored within Outlook to offer up this information, meaning there may be some awkward conversations if your colleagues believe you to be in the office.
Microsoft 365 can help you manage and share your work schedule. New features allow you to specify more details about your work schedule: from where you’re working (remotely or in the office) and whether you work different hours on different days. In addition, you can schedule meetings with others based on their work location, view the work location on people’s profile card, and see your out of office time reflected in your location.
The upcoming update even allows you to not share your location (Again not sure why you wouldn't share your location since that's the entire point of adding your location but whatever): https://windowsreport.com/outlooks-work-hours-and-location-statuses-will-become-optional/
Am I completely crazy or is the article from tech radar complete bullshit?
Yes the security logs absolutely log that, but I haven't heard of HR forcing IT to actually use those logs for discovering where people work.
We don't give a shit and have better things to do.