The Editor permission level allows users to view, create, edit and delete content from your workspace. Editors have the permission to permanently remove or change content in the space, and so this permission should only be given to trusted members. Changes that Editors or Administrators make to a workspace, if they involve deleting content, cannot be undone through the page history or file revision history capabilities of the workspace.
This applies to all pages, files, comments where the user has the "Editor" permission level. For pages and files, the Editor permission can be set in the users list or in the Folder or Page Security of premium upgraded spaces.