Real hire data shows US PM hiring down 48% since 2022 while AI PM hiring grew 2.5x
aakashgupta · x · 2026-10-28
Using verified hiring and compensation data (not job postings) from Live Data Technologies and Levels.fyi, the author breaks down five years of PM hiring:
- 4 of the 10 biggest PM hirers are banks/payment networks: Capital One (486 hires) out-hired Microsoft (431); JPMorgan 404, Mastercard 339, Visa 217
- PM postings are up 77%, but actual hires are down 18% since March 2023 and down 48% since 2022
- PM pay is up 14% (US median $220K→$250K) while hiring shrinks
- Outside hires per PM exit fell from 1.16 (2022) to 0.92 (2025)
- Big tech cut PM hiring (Microsoft -31%, Meta -30%, Google -21%) while payment networks expanded (Mastercard +55%)
- AI PM hiring grew 2.5x (789→1,988) while all PM hiring fell 45%; AI PMs now make up 6.8 of every 100 PM hires, up from 1.5 in 2022
- US PM hiring held up better (-10%) than the rest of the world (-23%) in 2026
Related event: 2026 PM Hiring Report: Job Postings Up 77%, Actual Hires Down(2 posts)→
More from Companies & People
- Cognition CRO Silas Alberti to guest lecture at Stanford as firm's valuation soars to $48B — silasalberti · 2026-10-28
- Stanford CS personal websites now blocked off-campus after PHP hacks — yusufroohani · 2026-10-28
- OpenAI researcher mocks startups: IMO gold winners to resell tokens in a React app — willdepue · 2026-10-28
- Dev burned by VC compute-sponsorship promises, gets a ¥999 airdrop from DeepSeek — dotey · 2026-10-28
- GitHub Universe turns 12: Day 1 keynote kicks off tomorrow at 9 AM PT — film_girl · 2026-10-28
- NYT breaks down Anthropic's 335-page S-1: Spark Capital's $777M could become $10.9B at $1.5T valuation — nordicinst · 2026-10-28