Lenny’s Newsletter · Subscriber post · PM career & craft · Building AI products

State of the product job market, part 2

Which companies are hiring PMs, what hard skills are most in demand, trends in remote work, whether there’s been a shift to senior hires, what roles AI companies are hiring for, and so much more

Lenny RachitskySep 24, 202410 min♥ 175
SourceLenny’s Newsletter
KindSubscriber post
PublishedSep 24, 2024
Readers♥ 175
Originallennysnewsletter.com ↗
N:

Lenny Rachitsky's follow-up report uses data from TrueUp (new tech job openings) and Live Data Technologies (job changes) to map the state of the product job market. It covers a slow recovery, a tilt toward senior PM hiring, shrinking remote roles, Bay Area concentration, in-demand hard skills like SQL and LLMs, and emerging AI-related roles.

Subscriber post — summary only

01Key takeaways

  • Open PM roles at tech firms are recovering slowly after the 2022 peak, with senior and lead levels gaining share.
  • Remote-friendly PM openings have fallen sharply, while the Bay Area's share of open PM roles keeps rising.
  • SQL remains the most requested PM hard skill, with LLM experience the fastest-growing mention in job descriptions.
  • AI companies hire mostly engineers and data scientists, though a few hundred dedicated AI PM roles exist.
  • Product owner growth is concentrated at non-tech firms like banks and telecoms, not at tech companies.

Summary and takeaways written by PM Atlas; quotes are short excerpts. © the original author.