Evolution of the Workweek: From the Industrial Revolution to Present Day
TLDR A software company in Philadelphia challenged the tech industry norm by implementing a 32-hour workweek, inspired by the American labor movement's historical push for shorter work hours. Despite past proposals for shorter workweeks, the U.S. has lagged behind other countries in reducing work hours due to political will, with companies now experimenting with shorter workweeks to improve well-being.
Timestamped Summary
00:00
A software company in Philadelphia successfully implemented a 40-hour work week and then further reduced it to 32 hours, challenging the tech industry's norm of long working hours.
03:05
An executive restructured her company's work culture to reduce hours by eliminating unnecessary meetings and distractions, paving the way for a more focused and efficient work environment.
06:08
The industrial revolution led to long working hours, sparking the American labor movement's push for a 10-hour workday, eventually evolving into the adoption of the 8-hour workday by the turn of the century.
09:06
The American Federation of Labor proposed a 30-hour work week during the Great Depression, which gained support from mainstream politicians but ultimately led to the establishment of the Fair Labor Standards Act in 1938, setting the foundation for the 40-hour workweek.
12:21
John Maynard Keynes predicted a 15-hour workweek by 2030, but the U.S. has diverged from other wealthy nations in work hours due to political will, with little change in giving workers more time off.
15:13
Companies are experimenting with shorter workweeks to reduce costs and improve employee well-being, but the impact on the broader economy remains uncertain.
17:56
The speaker expresses despair over the lack of policy changes to improve working conditions and the economy, highlighting the need for significant reforms in areas such as healthcare, childcare, and family leave.