Half of all product managers are at risk of losing their jobs. That is the core argument from Nikhyl Singhal, founder of The Skip and former product executive at Meta, Google, and Credit Karma. His prediction is specific: companies will cut 30,000 roles and rehire 8,000, all AI-first. The next two years, he says, are the most chaotic period in product management history.
The original conversation is worth reading because Singhal does not stop at the layoff number. He names the psychological mechanisms, what he calls 'smiling exhaustion' spreading across the product community, and the specific barriers that stop experienced PMs from reinventing themselves. He also argues that your resume's brand-name logos now matter less than your demonstrated relationship with AI tools, specifically your ability to find what he calls 'moments of joy' with them.
What comes next is a talent market that rewards a narrow profile: PMs who can operate with AI as a core competency, not an add-on. Singhal's framing of who survives and who does not is built on patterns he is observing across The Skip community right now, not projections. That sourcing is what makes his read more credible than most.
[READ ORIGINAL →]