I read this as since Evernote is not a cutting edge, hypey startup they don’t need to have as high a calibre/pay grade of staff as they currently do have by bei

I read this as since Evernote is not a cutting edge, hypey startup they don’t need to have as high a calibre/pay grade of staff as they currently do have by being based in California. Hence can halve labour costs by moving to Europe and still maintain a decent standard of technical employee.