Opting out: Some of China’s ‘996’ tech tribe quit, seek less stress

In April, protests from tech employees against excessive overtime surfaced online, sparking an equal pushback from industry magnates such as billionaire Jack Ma of e-commerce giant Alibaba Group Holding Ltd. The protest prompted a public debate about work hours in China’s tech industry, and spurred reactions from at least 10 Chinese tech moguls, including Ma, who initially defended the practice. People in the industry say the protests were in part spurred by a slowdown in the tech sector, which has seen venture capitalists grow cautious, Chinese tech IPOs underperform, and companies layoff workers.

Source: www.reuters.com