New Delhi, May 1 -- At Robert W. Baird, a group of junior bankers worked till 4 am for many weeks. One day, the multinational independent investment firm called for a pizza party in Chicago. Many thought it was to thank them. But, the company had other plans.

Managers told them they needed to do better. When some bankers complained about long hours, they were told to work smarter.

According to The Wall Street Journal, Former staff said 110-hour weeks were common. Managers often broke the rules, including skipping required Saturdays off.

A banker at Robert W. Baird earlier complained to HR about working 20 hours daily. Soon after, he collapsed at home, and doctors found his pancreas had failed, likely due to overwork. He was later fired...