Keep in mind these are all salaried workers. From an economics point of view, companies don't need to get anywhere near a linear increase in productivity from those extra work hours. They just need to not get negative gains from burnout or apathy.
All those people on 996 could fuck around for 5 hours a day doing nothing useful, and as long as a small percentage of them bring themselves to do 30 minutes work every now and then, it could still be a net win for the company.
Profit also doesn't scale proportionally to productivity. In some of these big business markets you probably just need to be a bit more productive than your competition to reap huge rewards. Most employers aren't going to throw their workforce under the bus for a 5% gain, but if that's all you need to corner an entire market or roll your next biggest rival, then suddenly it might look like a fine deal.
All those people on 996 could fuck around for 5 hours a day doing nothing useful, and as long as a small percentage of them bring themselves to do 30 minutes work every now and then, it could still be a net win for the company.
Profit also doesn't scale proportionally to productivity. In some of these big business markets you probably just need to be a bit more productive than your competition to reap huge rewards. Most employers aren't going to throw their workforce under the bus for a 5% gain, but if that's all you need to corner an entire market or roll your next biggest rival, then suddenly it might look like a fine deal.