Winning requires hard work: Niraj Shah supports long working hours. THESE leader advocate grinding culture
Wayfair employees, celebrating the company's recent successes. He also provided guidance on financial decision-making, urging employees to assess spending and engage in negotiations. Inquiring about the reasonableness of expenditures and encouraging price negotiation were key points in his message, according to the report.
"Working long hours, being responsive, blending work and life, is not anything to shy away from. There is not a lot of history of laziness being rewarded with success," the message further read, as mentioned in the CNN report. Wayfair Inc in January this year declare the layoff of 1,750 employees, around 10 per cent of its workforce, in a cost-saving drive at a time when persistently high inflation has pressured consumer spending, according to a report by Reuters.
In 2019, Jack Ma, the founder and billionaire behind Alibaba, stirred up a controversy with his statement suggesting that young individuals should view the overtime work cultures of major tech companies as a "significant blessing," according to various media reports. In a recent message to employees, Ma expressed the opinion that many workers lack the opportunity to work additional hours, and those who have the option should fully embrace it, the reports added. Ma remarked, that he thinks the ability to work 996 is a huge blessing, in statements posted on Alibaba's WeChat account in 2019.
The term "996" denotes working from 9 a.m. to 9 p.m., six days a week. In another development, Infosys founder NR Narayana Murthy raised his expectations from India's youngsters in terms of productivity, saying that young Indians should work for a minimum of 70 hours per week if the country wants to compete with emerging economies, as reported by Mint
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