“Throughout the pandemic, many corporations skilled a surge in demand for digital companies and merchandise, resulting in speedy hiring sprees. With expectations of continued development, they expanded groups throughout each facet of the product, anticipating long-term demand.
Options that will have as soon as undergone thorough discovery, prioritisation, and sizing had been now being churned out at breakneck pace.
Product managers, who as soon as prioritised delivering cohesive consumer experiences, have more and more change into mere managers of characteristic factories, shedding sight of the broader imaginative and prescient.
This shift has come at a big value, leading to a considerable abilities hole in product administration because of the diminished emphasis on creating core product growth abilities.
Nonetheless, this can be a story for one more time.”
Now, the quote above is from a put up of mine titled “Analysing Tech Layoffs: Which Roles Had been Hit Hardest?” I spent a variety of time wanting on the numbers and located that product managers had been laid off almost 2.6 instances greater than software program engineers and information professionals.
