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Citing revenue declines, Airbnb cuts 25% of workforce

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Re: Citing revenue declines, Airbnb cuts 25% of workforce

#881

Post by joyj2nd »

playing_colours wrote: post #821
joyj2nd wrote: post #761

Earlier quoted context omitted.

Sorry to break the news for you, but German salaries are 50% of US salaries (US salaries may vary by location). My first offer on the cost as my first job was 160k USD. In Germany they were backing out in Munich if I asked for 60k EUR. "Cost of living in Munich (one of Germany's most expensive cities) vs. SF.[1] And then Berlin (one of Germany's cheapest cities) vs. SF.[2]" I think these numbers are outdated. Especia…

Berlin rental costs are capped by law from some time ago, and the numbers are actual.

Try to buy

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#882

Post by fennecfoxen »

playing_colours wrote: post #821
joyj2nd wrote: post #761

Earlier quoted context omitted.

Sorry to break the news for you, but German salaries are 50% of US salaries (US salaries may vary by location). My first offer on the cost as my first job was 160k USD. In Germany they were backing out in Munich if I asked for 60k EUR. "Cost of living in Munich (one of Germany's most expensive cities) vs. SF.[1] And then Berlin (one of Germany's cheapest cities) vs. SF.[2]" I think these numbers are outdated. Especia…

Berlin rental costs are capped by law from some time ago, and the numbers are actual.

Depends on whether you mean, "there exists someone who pays this", or whether you mean, "as someone looking for housing, you can expect to get the housing, and pay this much." (The part where you can actually obtain this rental falls apart entirely.)

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#883

Post by LunaSea »

dsfyu404ed wrote: post #879
LunaSea wrote: post #875

Earlier quoted context omitted.

> Depends where you live. There's no reason the 175k employee can't live somewhere "bad" or suffer a long commute. Most major western european cities and their suburbs are by no means cheap to find housing in. I don't think there are many "bad" places that are cheap around Silicon Valley. Most western European cities have neighbourhoods that are drastically cheaper than the well-off ones. > Most white collar European…

>I don't think there are many "bad" places that are cheap around Silicon Valley. They're not cheap relative to other parts of the country buy they're cheap relative to where most white collar employees are living. The janitor and the plumber have to live somewhere and you can pay what they pay if you don't mind living among them. >Most western European cities have neighbourhoods that are drastically cheaper than the…

So let me get this right.

It is possible to spend the same amount in medical, car and daycare expenses if you keep a job while being ill, ride a beat-up car and leave your kid to a shady cash-only operating in someone's home.

So explain to me how earning $100K more is so interesting again?

cf: Average American car insurance prices: https://www.businessinsider.com/personal-finance/average-cos...

cf: Average European car insurance prices: https://www.insuranceeurope.eu/sites/default/files/attachmen...

cf: Average American prices for Toyota Corolla: https://www.numbeo.com/cost-of-living/region_prices_by_city?...

cf: Average European prices for Toyota Corolla: https://www.numbeo.com/cost-of-living/region_prices_by_city?...

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#884

Post by fennecfoxen »

bacr wrote: post #851
playing_colours wrote: post #821

Earlier quoted context omitted.

Berlin rental costs are capped by law from some time ago, and the numbers are actual.

The point still stands. Rental caps mean it is very difficult to find a place to live in desired neighborhoods. Of course, you can find places outside the ring, but those would have been cheaper anyway! That’s not to say it isn’t sensible social policy. It is less disruptive to people who have lived there for a long time. But if you move for work, you will have to either pay a lot more than you would have in 2011, or…

I would hold that the better social policy is capping the cost of rent by allowing the construction of competitive housing stock. Either alternative is quite harmful: new housing is unattainable, either by defect of price or availability.

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#885

Post by eanzenberg »

LunaSea wrote: post #844
manigandham wrote: post #784

Earlier quoted context omitted.

Why not? Can't you purchase the same insurance, protections and care with 4x earnings and lower taxes?

Well for one you might but it will be incredibly expensive and probably still cover less than in the Netherlands. Also, the cost means that it is something you can only afford while you are still working. So if you do get hurt and can't work or get fired you lose that privilege. That is also a cost of opportunity that you lose by living in the US and that is not factored into the price of the insurance directly.

This US healthcare meme is tiring and uninformed. A small minority have financial hardships due to medical emergencies here, and they for the most part aren’t poor, who get healthcare for free.

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#886

Post by manigandham »

LunaSea wrote: post #840
manigandham wrote: post #813

Earlier quoted context omitted.

You realize other countries have VCs too right? Yet hundreds of foreign billions still go to America because it's a better environment for innovation and produces bigger and more impactful companies. Your 3rd point even relies on it.

Yes but these companies also largely exist because you have a deregulated market whereas the European Union is a much more regulated market. These regulations provide for worker rights, productions and consumption safety, product quality and much more. Something America is lacking in completely. You also have a government and department of defense that helps a lot of your big multinationals grow and kill it's foreign…

Well that's the point. US has lower regulations and more fluid employment which leads to bigger and more innovative companies. America isn't as nationally protectionist as China though, although that will now change with this pandemic.

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#887

Post by manigandham »

LunaSea wrote: post #844
manigandham wrote: post #784

Earlier quoted context omitted.

Why not? Can't you purchase the same insurance, protections and care with 4x earnings and lower taxes?

Well for one you might but it will be incredibly expensive and probably still cover less than in the Netherlands. Also, the cost means that it is something you can only afford while you are still working. So if you do get hurt and can't work or get fired you lose that privilege. That is also a cost of opportunity that you lose by living in the US and that is not factored into the price of the insurance directly.

You don't have to keep working. Workers compensation, life insurance, long-term care policies all exist.

There's really not much different in what's available, only who's responsible for it. In America, you earn and keep more and it's up to you to allocate properly (or not). In other countries, the government does it all for you to ensure there's a base level of support for everyone.

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#888

Post by manigandham »

LunaSea wrote: post #841
manigandham wrote: post #687

Earlier quoted context omitted.

Not by a big margin. Around 47% of the workforce is employed by small businesses.

So that's a minority. And "small businesses" with fewer than 500 employees represent 99.7% of all businesses and yet they represent less than half the total workforce.

That's 10s of millions of small companies hiring half the people. The point being there's plenty of people in America becoming "owners of the factory".

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#889

Post by manigandham »

LunaSea wrote: post #843
manigandham wrote: post #727

Earlier quoted context omitted.

That's called venture capital, or a loan, or a mortgage; things that millions of others have used to start their own businesses. Happy to make some intro's for you. Let me know.

Loans with no collateral ... right.

Sometimes. Or you give up equity. Or secure it some other way. What's your point? That it's hard to do?

Re: Citing revenue declines, Airbnb cuts 25% of workforce

#890

Post by pedrosorio »

bzb3 wrote: post #584
pedrosorio wrote: post #55

Earlier quoted context omitted.

How is this relevant to the topic?

It may not be relevant to the topic but it's interesting nonetheless, especially if someone is looking for a job there.

Airbnb froze hiring more than a month ago. They just laid-off 25% of their employees. Who is looking for a job there right now?
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