Not only, but also due to this.
Relocation through switching teams is not possible.
Compensation took a big hit due to dollar depreciation.
Worst case I'll end up being on unemployment insurance for a year, ~ 2800 EUR per month while travelling the world in my late twenties...
When property costs 1 million+ (the case in Berlin/Munich), financially it really doesn't matter whether I net 6500 EUR month working 50+ hours for FAANG or 4500 EUR working 35 hour weeks for a German corporate, even though the gross salary for the FAANG job is twice the German job.
Worst case I'll end up being on unemployment insurance for a year, ~ 2800 EUR per month while travelling the world in my late twenties...
When property costs 1 million+ (the case in Berlin/Munich), financially it really doesn't matter whether I net 6500 EUR month working 50+ hours for FAANG or 4500 EUR working 35 hour weeks for a German corporate, even though the gross salary for the FAANG job is twice the German job.