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By Lenny Rachitsky · lennysnewsletter.com · @lennysan on X · YouTube · LinkedIn
Lenny Rachitsky revisits the product job market using TrueUp job-board data, finding a mostly optimistic picture for 2025. Open PM and engineering roles are rising, AI-related roles are growing rapidly, layoffs are slowing, and the Bay Area remains the main hub, while remote-friendly PM roles keep shrinking toward a new baseline.
Subscriber post — summary only01Key takeaways
- Open PM and engineering roles have recovered from their 2023 low and are at their highest level in over two years.
- AI PM and AI-related roles are growing fast, both at AI-native companies and at non-AI firms adding AI features.
- Remote-friendly PM roles have dropped from about 35% at the 2022 peak to roughly 23%, likely nearing a stable baseline near 20%.
- The Bay Area still holds the largest share of open PM, engineering, design, and AI roles, with nearly a third of AI-related roles there.
- Layoffs are on pace to be lower than in the past four years, though cut risk remains at even well-regarded companies.
Summary and takeaways written by PM Atlas; quotes are short excerpts. © the original author.