Chinese tech companies are notorious for pushing their staff to the limit, often requiring long hours and intense workloads. The culture of overwork has led to concerns about the well-being of employees and their work-life balance. Despite the pressure, many employees feel the need to keep up with the demands in order to succeed in the competitive industry.
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Caterpillar (CAT) Q2 Profit Falls 21%
Caterpillar (NYSE:CAT) reported Q2 FY2025 results on August 5, 2025, with GAAP revenue of $16.57 billion, exceeding expectations, but Adjusted profit per share at $4.72 fell short of the $4.89 forecast. Despite a 1% year-over-year revenue decline due to cost pressures, material margin declines, and new tariffs, the company continues to serve diverse industries globally with its extensive range of heavy machinery and financial products. Want More Context? 🔎
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