Google layoffs: The company plans to set up a new team in Munich, Germany which would act as “cheaper” labour, the report claimed.
Google layoffs: The company plans to set up a new team in Munich, Germany which would act as “cheaper” labour, the report claimed.
Compared to Valley workers, Germans are still cheap. 100k is a very very good salary over here.
When you have a much better social safety net, work-life balance and in general can expect to be treated like a human and not a work-battery to be used up and discarded, people are satisfied with much less money.
Should they maybe instead just try that in the US? Nah, of course not.
But salary does not equal labour cost.