Nvidia (NVDA) CEO Jensen Huang runs his trillion-dollar tech company on a manpower-intensive basis, and the whole process sometimes involves a bit of pain, he says.
In a newly renovated location interview Along with Stripe CEO Patrick Collison, Haung says he finds value in torturing his employees rather than firing them.
Related: Waze co-founder fires employees who fail strict test
“People know I’d rather torture them into greatness,” Huang said. “I’d rather torture them into greatness because I believe in them. And I think coaches who truly believe in their team torture them into greatness.”
He also stated in the interview that he works seven days a week, citing that he has a great work-life balance.
“I work from the time I wake up until I go to sleep, and I work seven days a week,” Huang said. “When I’m not working, I’m thinking about work.”
His comments, which were made in May, came just before a recent… report Bloomberg revealed that there is allegedly tension in Nvidia's work culture due to expectations of working long hours.
One former Nvidia employee said in the report that he was expected to work seven days a week, often until 1 or 2 a.m. Another former employee also said he attended roughly seven to 10 meetings a day, which often involved “fighting and yelling.”
Despite the alleged tension, Nvidia employees are said to be receiving generous rewards in the form of stock, as the company's stock price has skyrocketed in recent years. Nvidia stock is currently selling for about $102 per share, representing a gain of about 2,100%. x&sqi=2&ved=2ahUKEwjL1MG28K6IAxVXmYQIHUKfKZQQ3ecFegQIQhAZ&window=5Y”>increase of what was sold about five years ago.
Workers are increasingly taking work-life balance seriously
Work-life balance has become a contentious issue in corporate America since the Covid pandemic, which allowed many people to work from home, giving them more control over how they do their work and how they align it with their personal lives.
Attitudes toward work-life balance appear to be divided among employees across the United States these days. According to a 2023 study survey According to a study by The Muse that surveyed 1,600 American workers about their views on work-life balance, 45% of workers said that “working harder than their colleagues and making personal sacrifices to achieve work goals is necessary to advance their career.”
More work:
- Sony's Bungie criticized for layoffs after CEO spends millions
- Dell makes drastic decision that reinforces fears about the future of work
- Former Google CEO responds to outrage over comments on remote work
Most workers surveyed also defined work-life balance as “having the flexibility and autonomy to adapt to personal needs when they arise during the work day or week.”
Additionally, 70% of workers said work-life balance is the most important feature of a new job, beating out “compensation, learning and growth opportunities, office culture, and benefits and perks.”
Related: Veteran fund manager sees world of trouble ahead for stocks