What does 996 mean?

In finance, 996 typically refers to a working schedule where employees are expected to work from 9:00 AM to 9:00 PM, six days a week. This term originated in the tech industry in China, where it became a common practice for companies to require their employees to adhere to this grueling work schedule in order to meet deadlines and remain competitive. The term has since expanded to other industries and has been a topic of controversy and debate, as many argue that such long hours can lead to burnout, decreased productivity, and negative impacts on mental and physical health. Some companies and individuals, however, believe that the 996 schedule is necessary for success and growth in a competitive market. Overall, the term 996 has become a symbol of the intense work culture in certain industries and has sparked discussions about work-life balance and employee well-being.