April PM Jobs Report: A sharp pullback in global listings

A bit late, and a bit of sour news—but here’s the latest Product Manager jobs report.

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The big takeaways

With 24,459 open listings, the PM job market pulled back 9.0% in April after two straight months of growth. The decline was broad-based: LATAM was the only region to expand, Associate PM roles took the biggest hit, and remote listings swung sharply lower.

Even so, the market is still 6.4% higher year-over-year, which makes April look more like a reset after a strong Q1 than a full reversal. The more encouraging signal is that senior and leadership hiring remain materially stronger than they were a year ago, while the tougher signal is that entry-level hiring continues to lag.

Regional breakdown

United States: Smaller pullback than average

The US remains the largest PM market with 10,974 open roles, down 4.6% month-over-month. That is a softer decline than the global average, and the market is still up 16% over six months and 17% year-over-year. For US-based job seekers, the market cooled in April, but the medium-term trend is still constructive.

APAC: Mild dip after stability

APAC slipped to 4,272 roles, down 2.7% in April after being nearly flat in March. That is still a relatively modest move compared with other regions, and the market remains up 3.5% over six months. This looks more like a pause than a major deterioration.

EEA: Broad retreat

The EEA fell to 4,720 roles, down 11% month-over-month after a smaller decline in March. Associate roles were hit especially hard, and hybrid and remote listings both dropped sharply. The market is still up 11% year-over-year, but April was clearly a difficult month.

United Kingdom: Momentum breaks

The UK dropped to 1,475 roles, down 13% after a modest gain in March. Mid-level, senior, and remote roles all moved lower, though leadership openings rose 7.2%. After a steadier start to the year, April broke the recent momentum.

Canada: Giving back March gains

Canada fell to 1,016 roles, down 7.4% after a strong 16% jump in March. The encouraging part is that Canada's market is still up 32% over six months and 51% year-over-year, making it one of the strongest long-term recovery stories in the dataset.

LATAM: The only region still growing

LATAM was the lone bright spot in April, rising to 907 roles, up 2.6% month-over-month. PM roles and hybrid listings both increased, even as leadership fell sharply. It remains a smaller and more volatile market, but April showed that growth is still possible even in a weaker global month.

Middle East: Sharpest drop this month

The Middle East fell to 844 roles, down 18%, the steepest decline of any region. Remote roles collapsed 43% and Associate PM openings fell 63%, which drove much of the overall pullback. Even so, the region remains up 9.5% year-over-year, so the longer-term picture is better than April alone suggests.

Seniority trends

Associate PMs: Entry-level pain persists

Associate PM roles fell 21% month-over-month, making them the weakest seniority band in April. They are also down 12% over six months and 3.5% year-over-year. This continues to be the hardest segment of the market for job seekers trying to land a first PM role.

Mid-level PMs: Core roles soften

Mid-level PM roles fell 10% globally after a modest gain in March. They are roughly flat over six months at -0.7%, and up 1.7% year-over-year. In other words, the biggest part of the market is still available, but it has clearly cooled.

Senior PMs: Most resilient IC layer

Senior PM roles declined just 3.3% in April, making them far more resilient than Associate or mid-level roles. They remain up 13% over six months and 28% year-over-year, which is one of the strongest signals in this month's report.

Product leaders: Holding up best

Leadership roles slipped only 2.0% month-over-month. They are still up 16% over six months and 28% year-over-year, suggesting companies remain more willing to hire proven operators than early-career talent.

Work environment trends

On-site: Down, but still the base case

On-site roles fell 4.2% in April after a weaker March. Even with that decline, on-site remains the dominant work model globally and is still up 2.0% over six months. For most PMs, the market continues to favor employers that want at least some in-person presence.

Hybrid: The most stable format

Hybrid roles were the most resilient category this month, down just 1.2%. They are still up 20% over six months and 28% year-over-year, which continues to support the view that hybrid is becoming the default flexible model.

Remote: The sharpest reversal

Remote roles dropped 27% in April after solid gains in February and March. They are still up 7% year-over-year, but down 15% over six months, which makes them the most volatile category in the dataset. If remote work is a priority for you, this is the clearest reminder that supply can change fast.

That's it for this month's report.

Wishing you success on the journey ahead.

James