Because even the vast majority of people that have a work laptop do not have any access to sensitive information. While they may have VPN access, or customer account access by logging in, for a great many of those people that do, it is still very limited, and so low level that they would not be prime targets to go through the trouble of trying to hack the laptop, and then trying to hack the access. Not to mention, the great majority of people that were given work laptops to work from home do just that - leave it at home.
When the lockdowns from Covid happened, a great many businesses gave work laptops to people so they could continue working from home. After the lockdowns, all these companies realized how much money they were saving by doing this by not having to provide work spaces and all the costs that come with it. All these people that were able to start working from home, and everyone since then since it's caught on, because hey, these big companies have to make bigger and bigger profits somehow; well, they take their laptops, set up some sort of home office or workspace, and there it stays. The laptops rarely leave the house, and these people have very limited access to anything when they log in anyway. Anyone that is mobile with their laptop, and has access to sensitive information, has a TONNE (I'm Canadian, lol) of security already on their laptop, including GPS, kill switches, high end encryption. Not to mention, stuff is rarely ever saved on these laptops - they'd be on Cloud storage, or encryption keys. If they lose their laptop, even for a moment, they have to report it instantly.