OK. So my work laptop and phone only get access to the guest VLAN at home, where hosts are completely isolated from the default VLAN where my family's personal stuff lives. Now that I'm no longer on any on-call list the laptop gets powered down and the phone goes into a drawer by 18:00 every night. That's privacy and genuine work-life balance. Back in my younger days I saw too many colleagues lose everything because they couldn't resist "co-mingling" personal and business assets. It's _always_ a bad idea. As others here have pointed out, company asset risk systems have become increasingly more draconian -- for good reasons.
What do you mean "lose everything"? Do you mean they got fired for misusing work computers? Or do you mean they lost their data because the work computer was wiped?