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[–] 14 points 2 years ago (1 child)

It's been repeatedly shown to decrease company profits. As people work longer hours they amount of stuff they get done declines rapidly as they get tired. Their error rate also dramatically increases. This causes a rapid decline in overall productivity.

The issue is people believe that working longer hours is more productive in those cultures. Sadly people usually make decisions based upon unfounded beliefs not provable facts.

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