If you want to live at your workplace its perfect for you. 14 to 16 hour days are normal!
They don't hire enough people to do the job ,so they overwork the people that they have until they're miserable ,and quit. And then they don't have anybody that knows how to do the job when then they hire more people. So they have to train them, which even throws the company even further behind.
ConsPoor management of workers and time.