Earlier quoted context omitted.
- maternity leave - paternity leave - overtime - not having to answer a call or email outside of work hours - workman’s comp / short/long-term disability for issues with my back or wrists or eyes or… - about 100 more things
The outsized pay for software engineers in the US takes into account a lot of this stuff. Would you trade those 100 things for, say, a salary of $75k a year for a senior software engineer, like they have in Europe?
It's not just the labor regulations holding Europe back, it's the lack of funding due to not having a unified European digital market.
Netflix Europe needs to have 20+ licensing deals. Selling across Europe at a large scale requires interactions with 20+ legal teams. Language and cultural barriers kill a lot of things.
How do US giants thrive in Europe, then?
Because they come in directly giant-sized based on growth in the US. They either ignore European legal compliance until sued or pay peanuts for them to handle all the legal aspects.