Lenny's Reads State of the product job market in 2025
May 13, 2025
The product job market is experiencing a significant shift as layoffs slow down after tough years. Key roles in tech are bouncing back, with major investments from Big Tech promising new hiring opportunities. AI-related positions are booming, particularly in the Bay Area, where the landscape remains competitive. The rise of remote-friendly jobs is changing the hiring scene, and emerging trends are reshaping how product managers work. Discover which companies are leading the charge for product managers and AI-focused roles!
AI Snips
Chapters
Transcript
Episode notes
Product and Engineering Roles Growing
- Open roles for product managers and engineers are increasing significantly despite recession fears.
- PM roles are up 53.6% from the 2023 low, with 6,300 open roles globally now.
AI Roles Exploding Globally
- AI-related roles are exploding, with over 20,000 open globally, twice the number from 2023.
- There are 688 open AI product management roles at AI-specific and tech companies including OpenAI and Salesforce.
Layoffs Slowing Down
- Layoffs are slowing significantly with projections showing 150,000 layoffs in 2025, down from 430,000 in 2023.
- Despite the decline, future layoffs remain possible even at top companies.