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laptop internet speed decreases heavily from 500mbps to ~~10mbps

Solution
Yup, your work's IT department could be directing unrecognised devices to a different subnet with a different or throttled internet connection.

Beware that connecting personal devices without permission could be against company policy.
Yup, your work's IT department could be directing unrecognised devices to a different subnet with a different or throttled internet connection.

Beware that connecting personal devices without permission could be against company policy.
 
Solution