LayoffsJan 5, 2023
#ReadyForWorknobibhai

Starbucks status

Soon joining Starbucks. Just checking if I should be worried about any upcoming layoffs or offers getting rescinded. How’s the company doing? TC - 🥜#layoff

NewRelic snjdioc Jan 5, 2023

Probably not that good. They just removed star point redemption for their cups

#ReadyForWork
nobibhai OP Jan 5, 2023

And why is that concerning? Sorry I don’t use it at all. So no idea what the points mean.

Microsoft daemona Jan 5, 2023

No they didn’t. We still get $20 off cups with 400 points. They just raised the points for food items.

Microsoft 12Stepp Jan 5, 2023

I’ve seen recruiter positions posted for them on LinkedIn. I would think no layoffs are coming anytime soon.

This comment was deleted by the original commenter.
#ReadyForWork
nobibhai OP Jan 5, 2023

Swe

Microsoft DcCH25 Jan 5, 2023

Starbucks is going downhill.

Square isnOwn Jan 5, 2023

That depends, can you make a mean iced latte

Tesla QSXFTGBJO Jan 5, 2023

Starbucks is good. Their stock recovered well. People buy Starbucks no matter what

RBC shtpostgpt Jan 5, 2023

Spell the names correctly on the cups

Meta fhsielchd Jan 5, 2023

What’s the new TC? I never even considered Starbucks having SWE roles.

Starbucks acutepain Jan 6, 2023

I work for SBUX in tech, and I think mass layoffs in the tech sector are giving an opportunity for the company to hire talents who prefer to be in tech with a significantly better equity based compensations. I think Sbux has competitive salaries, but rsu is a pittance when compared to tech companies.

Starbucks haydenfry2 Jan 19, 2023

You think sbux has competitive salaries?!? I’m non-tech and could more than double my base pay if I went to a non-tech role at a FAANG company. And that’s not even counting the difference in stock.

Starbucks acutepain Jan 24, 2023

For tech (engineers), I see that the base salaries seem not far below tech sector in general, but still lags behind big techs who also pay better than small/medium techs

Starbucks OWqx06 Jan 6, 2023

Things are really not bad here. Lots of changes happening - ancient tech to be modernized and new initiatives left and right. TC is nowhere near FAANG but cash comps aren’t too far off (bonus & stock are modest, usually in the 10% range). levels.fyi is pretty up to date for comps though doesn’t have a ton of data. Culture is great (in my org at least). Great WLB.

Capital One guiros Feb 12, 2023

Any chance of a referral for a Data role?