Most of those companies are well over 100 years old. I can’t be certain that Adidas in Germany is a terrible place to work but I can say that China HQ is bad enough to get workaholics to bail on it, worse than Amazon China.

Germany’s underperformance in founding new companies in the last 50 years is puzzling but I doubt shorter work hours really explain it. They’re actually working every single one of those hours.