From personal experience, I worked like a dog in my younger years for two reasons: (1) To become a better engineer, you need to make a lot of mistakes and fix them yourself. (2) Much junior engineering work is just time in front of the screen pounding out simple features for a CRUD app. The more that you complete, the quicker you get promoted.
There's effective evidence that people who work 6 hours a day are more productive than people working 8 hours a day, and after 4 hours of active practice, you aren't getting any better.
And on top of this, perpetually tired and exhausted people are not at their best.
Regardless of whether or not you accept that someone working 41 hours really isn't doing more work than someone doing 40 - you can see that two people working 30 is much better than one person working 60. Working people for long hours is mismanagement, at some level.