Unpopular opinion that's gonna get downvoted/flagged soon based on my experience here: That just shows you how broke EU tech companies are that even 10k is newsworthy for them.
For context, I only worked for average (not big-tech/unicorns) EU/French/Dutch/German tech companies my whole life and I was shocked to see how much more, the average US tech companies spend on frivolities(forget the wages) than the European companies I worked at.
From what I saw, for US tech companies big or small, buying fully decked MacBooks and Herman Miler chairs for their SW devs was the norm, while I only saw the discount bin chairs and base spec HP/Dell/Lenovo laptops wherever I worked here.
Even where I work now, SW engineers get the same crappy HP notebooks that HR uses to read emails, since beancounters love fleets of the same cheap laptops for everyone, so my manager needs to jump through hoops for the beancounters to let him order more powerful notebooks for the SW engineers in his team, cause ya' know, Docker and VMs eat more resources than Outlook and Excel. This is relatively unheard of for US SW engineers where little expense is spared on equipment.
They even reduced costs related to facility management like AC runtime and cleaning services, so trash bins are emptied twice a week instead of daily, leading to some funny office aromas in summer, if you catch my drift. And of course, they blame Putin for this.
I always naively assumed (mostly due to anti-US propaganda we get here in EU) that due to how expensive US labor and healthcare is, it would be the opposite that US companies would have to cost cut to the bone, but no, despite that, US companies still have way more money to spend than European ones. Crazy.
My explanation is, European companies are just run the same way EU governments are run, on austerity and cost cutting, so instead of trying to make money by innovating and investing and splurging to get the best of everything, they instead try to increase the profits by cutting all possible costs from purchasing to labors' wages and offshoring, since I assume that's also what's taught in European MBA schools.