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A comment on Citing revenue declines, Airbnb cuts 25% of workforce. Parent comment

Re:Citing revenue declines, Airbnb cuts 25% of workforce by sverhagen on Tuesday May 05, 2020 @11:29PM (#23087646)
What does that even mean? Are you talking about buying power? How much you lose on taxes? You make it sound like Germany is a low wage country. Their minimum wage is around 9 euros, versus 7 dollars in the US, no?
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Re:Citing revenue declines, Airbnb cuts 25% of workforce by deaddodo on Wednesday May 06, 2020 @01:45AM (#23088207)
The Federal minimum wage is a useless metric. California's minimum wage is $12 (and higher, in some counties) and is set to increase to $15/hr by 2022 (assuming COVID doesn't have some major echoing effects).

Also, they're referring to white collar tech employees. All salaried, all well above minimum wage and most definitively the highest paid (in that industry) in the world, including outside of SF/the Bay.

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