To be honest, 1.5k is a pretty decent budget for any non-gaming laptop. It's definitely a red flag to start at a company and get a bargain bin laptop, but giving out 5k laptops to every new hire is probably just being wasteful with about 3.5k. Chairs & desks are where penny pinching is an even more dreadful flaw.
If you expect someone to sit for 8 hours a day give them a good chair lest they start having back issues after two months of employment.