I wonder what that means for the Prague office.
Skype pays employees with title Software Development Engineer II:
US$46k in Prague [0], and
US$82k in London [1].
And I suspect life is a lot more comfortable in Prague on $46k than London on $82k[0] https://www.glassdoor.com/Salary/Skype-Prague-Salaries-EI_IE... [1] https://www.glassdoor.com/Salary/Skype-London-Salaries-EI_IE...
Prague is a modern city, and the Check Republic is in the EU and even in the schengen area, so travel around Europe is a non issue.
Yes, you won't be buying Teslas on that salary but most things not over $3k won't break the bank.
(82-46) * 220 = 7920
$7.92 million of savings. Somebody could see the bottomline improving and stock price rocketing higher.