Coming from an employee perspective, I would much rather work for a company that views me as a whole person, with a life outside of work, than a company that sees and treats me as just another cog on the gears of the machine.

Sometimes its also about making a profit for as long as possible, which means giving up a little profit now to keep the business operating for a longer period of time. Look at something like FTX vs say, Wells Fargo. The owners of FTX made an absolute shitload of money, but it is all gone, with basically no hope of ever recovering it. Wells Fargo over the same time period may have made less profit, but they are still open and conducting business. The owners of Wells Fargo are currently making quite a bit more profit than the former owners of FTX.