The ‘996’ Work Culture: What is it?
China’s ‘996’ work culture refers to the standard working hours in many Chinese companies, which are 9am to 9pm, six days a week. This demanding schedule has been a topic of debate among European startups and venture capitalists, with some questioning its sustainability and impact on employees’ well-being.
Resistance Grows Among European Startups
In recent years, European startups have begun to reject the ‘996’ work culture, citing concerns about employee burnout, work-life balance, and the negative impact on mental health. Founders and venture capitalists from several European startups shared their perspectives on why they are resisting this culture.
Founder’s Perspective
According to European startup founders, the ‘996’ work culture is unsustainable and can lead to burnout. ‘We’re not robots, we’re humans,’ said one founder. ‘We need time to recharge, to spend time with our loved ones, and to pursue our passions outside of work.’ Another founder emphasized the importance of work-life balance, stating, ‘If we don’t take care of our employees’ well-being, we risk losing them to competitors who prioritize their happiness.’
VC Perspective
Venture capitalists, too, are questioning the ‘996’ work culture. ‘We’re not just looking for people who can work long hours, we’re looking for people who can deliver high-quality work and maintain a healthy work-life balance,’ said one VC. ‘The ‘996’ culture is not only unsustainable, but it’s also not a sustainable way to build a successful company.’
Why European Startups are Resisting
European startups are resisting the ‘996’ work culture for several reasons. Firstly, they prioritize the well-being of their employees, recognizing that happy employees are more productive and committed to the company. Secondly, they recognize that the ‘996’ culture can lead to burnout, which can result in decreased productivity and increased turnover. Finally, they believe that a healthy work-life balance is essential for building a successful company in the long term.
Conclusion
In conclusion, the ‘996’ work culture is a topic of debate among European startups and venture capitalists. While some may argue that it is necessary for success, others believe that it is unsustainable and can have negative consequences for employees’ well-being. European startups are resisting this culture, prioritizing the well-being of their employees and recognizing the importance of work-life balance. As the startup landscape continues to evolve, it will be interesting to see how this debate plays out and whether other regions will follow suit.
