Hi all, I got laid off in Jan from Salesforce (Dir PM) and recently got an offer from T-Mobile and some startups (1 being cloud 100). The total comp offered from all these is in the ballpark of $250k (which is lower than what I made earlier). I am thinking of joining T-Mobile, but I'm worried it would be hard to switch back to tech later as it is a telecom company. I have interviews set up for Dir. PM Walmart and the group PM Coinbase, which have better pay prospects and better job titles. However I have been told that Walmart does layoffs every now and then and coinbase besides layoffs is at high risk due to changing Fed policies. Should I even consider interviewing at Walmart and Coinbase looking at the risks and just take T-Mobile offer? YOE: 12 yrs TC: Laid off #pm
Previous TC?
Wouldn’t take T-Mobile. Hurts future positioning. Startups could be good depending on company. Would sign a startup offer to have something in the bag and give a 2-3 weeks out starting period and finish process for Walmart/Coinbase.
So how does this work? If you get another offer, do you just not go to the startup? Or you start there and leave within a month?
Tell the startup that due to personal reason, you need better medical benefits and more stable job. Not a big deal.
No harm in interviewing but don’t count them in your bag! Take startup. T mobile would be a regressive move and hard to justify to future employers. Startup despite being shitty you can convince that you wanted to try something different
Startups are prone to do layoffs in this economy even with enough funding if there is VC pressure of any sort. That is why I am worried to join a startup. Also it was painful to find a job in this market (hiring freezes, layoffs, etc.), I don't want to go through this exp. again which is why I was thinking of T-Mobile as it looks stable.
T-Mobile is a good place to be depending on the team, but like others said it might hurt future potential. Also, lots of reorgs going on now…
It seems as Walmarts layoff are primarily outside of the e-commerce focused areas (SC and Stores). If you’re looking at positions in the Bay Area, you’re probably not at as high of risk (Walmart).
Walmart crushed it last year and is actively hiring across several teams. We’re not doing layoffs anytime soon
Also, Walmart Director TC is 400k+
Your TC at T-mobile should be close to 400 k for director. >200k for base 50 to 75k bonus and little mire than 100k RSU per year. If its close to 250 you are severely underpaid
Can confirm, currently at T-Mobile. I get to hiring manager interviews with tech companies and they say they’re worried about my technical experience but non tech companies with relatively similar JDs love me. Comp was not worth the hassle of moving but all the reorgs and layoff rumors have me worried that I should’ve jumped ship before the market got over saturated.
This👆
Respectfully, no shade! That sounds like a personal thing where maybe your experience isn't coming across technical enough and such that HMs are concerned. I've work/ed w/ a few prior T-Mobile SDEs and EMs at both Microsoft and Amazon and can say these folk are very technical capable.
I'm genuinely confused why folks believe T-Mobile would be a step back? My linkedin inbox was way more active when I was T-Mobile than since being at Microsoft. Maybe I'm baised having previously worked at T-Mobile as sde
Was this before the recent down turn? Might just be related to overall state of the economy
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How well-funded are these startups?
Both are very well funded. Can easily last 2 years based on burn rate. One of them is on Forbes cloud 100 list.
Then go to one of the startups?