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But a greedy company acting purely in self interest wouldn't want this because you are getting less productivity by making sure your employees are constantly tired and never getting anything done.

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To get the full picture you need to shift perspective and see humans more as resources. When a resource doesn’t produce enough anymore it gets replaced.

How can you possibly develop a product when none of your developers have been around for more than a few months?

If the entire industry is less productive, it's not a business problem.

Overworked employees a probably cheeper per hour too.

Inappropriate incentives for individuals cause behavior that hurts everyone. Not exactly a new thing.

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