Backwards in terms of largely using outdated technologies, requiring you to send a printed CV with your picture (slowly changing now), very formal hiring process, unwilling to hire anyone without a matching degree rand certifications regardless of skills, largely unrealistic expectations regarding work experience and skills (requirering 5 years of iPhone dev experience when it was just out for a year was common), in larger companies a PhD is needed to get promoted above certain positions etc. etc.

Europe truely is the "old world", with London being the only place where startups have a somewhat realistic chance of getting funded on reasonable terms, however entry level developer salaries are still poverty level in London for the first 3 years or so, as there are more candidates than jobs, unlike in the US.