With talks of PMs not being required last year, to crazy layoffs scene and PM hiring being the indicator of industry hiring scene, how do you folks deal with the anxiety? With PM hiring being skewed towards supply side, do you think about contingency plans in case you are fired? Too much anxiety being a PM with 5 years experience and salary being the only income source.
The most interesting part of “supply” skewed skill sets is when you go for hiring in market, it gets very difficult to hire. Why such conflicting statements? The whole big difference is skill sets! Trust your skills and make them stronger, you will gain confidence even in unfavourable situations. See nothing can control layoff, I am sure u would have read the story of 19-years old google veteran.
Build emergency funds, skill sets and things will become ok as we grow. The ones who will survive this low, will shine when it flows.
@ElonMast which story ??
PMing had become the easy route to inflated salaries for college students/freshers who didn't want to learn code/some core skill set. Out of 10 PMs I know, only 3 PMs are generally doing actual Product Management, the rest are just Gulaam of their Reporting Managers. Hence, there is no skewing, it's just the job market showing us the real worth of certain people. Those who are actually skilled will remain in demand, earn money and thrive.
Own something which no one else is doing. Get your hands on the work which your manager does not want to do. Spend more time with leadership or skip manager to understand where the product is heading. Try to get in those products. These are some of the steps but many a times, layoff decision can be beyond this. So, upskilling and boosting CV to ensure you get hired somewhere else quickly can help even if layoff happens
I want to understand (probably recruiters and folks who switch a lot can answer) if PM / SPM salaries have taken a hit due to so many layoffs, poor hikes, fear of losing job, etc. Want to know how much has it been impacted? And what is ...
What are the ideal options out of the PM roles and what kind of profile is required for the same considering I've started my career being a PM only?
Is an MBA required for these roles?
This is not a question for the cocky new grad in the overvalued startup, but for the few seasoned PMs that still reply out here.
Where do PMs go after they peak?
By peaking I mean arriving at a GPM or Staff PM position at the top 10-15...
They go to small startups and ruin them
It seems like the question might have missed the mark. I've never really seen PMs hitting a 'peak' in the traditional...
Please tell me if there is any survival kit to survive the layoff. I am a Product Manager and have been laid off yesterday. Since then I have been panicking and feeling anxiety all the time. I am trying to be calm and handle this with al...
1. Take a deep breath. Layoffs are more common than you think. 2. Make sure you have a liquid runway of 6 months ...
1. Visit crematorium one day and you will realise all this is bullshit 2. Spend some time going to slum area and...