Layoff Anxiety, Gen AI, and PMs
Staying Relevant and Resilient: How PMs can manage this time of uncertainty
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Layoffs are never easy. When industry leaders like those in FAANG announce sweeping job cuts, it shows the volatility of the tech industry and leaves a lasting impact on employees and teams across the board. Combine that with the swift rise of Gen AI that’s already automating tasks once considered human—and it’s no wonder so many of us feel like the ground is shifting beneath our feet. The uncertainty isn’t just in our minds —it’s evident in the workplace, in our conversations with stakeholders, and in the dynamics of our teams.
If you’re a Product Manager, this season feels especially loaded. You’re likely juggling your own anxieties while being the one expected to provide clarity and direction. This post is about acknowledging that reality and offering practical ways to navigate it.
When Work Becomes a Source of Anxiety
For many of us, work has become a significant source of stress. You find yourself replaying conversations in your head, wondering if you’re doing “enough” to stay relevant. Every decision feels like it’s under a microscope, every roadmap scrutinized for value. And then there’s the lingering question: could my role be replaced by AI?
The layoffs have compounded these feelings. Stakeholder relationships feel heavier, more guarded. Team dynamics aren’t just about collaboration anymore; they’re about redistributing the workloads of those who’ve left, while addressing the unspoken tensions that remain. These pressures don’t stay confined to the workplace—they spill into your personal life, straining relationships and making it harder to disconnect and recharge.
The AI Question: Friend or Foe?
Gen AI sparks both excitement and existential dread, a duality that’s hard to ignore. On one hand, its potential is undeniable— they can streamline workflows, speed up research, and even spark creative solutions. On the other hand, it’s natural to wonder: where does this leave us as PMs? If machines can ideate and automate, what’s left for us to do?
The answer is clear: lean in, don’t retreat. I’ve found that exploring AI tools—even building quick prototypes using no-code platforms helps me understand how these technologies can enhance what I bring to the table. Sharing these learnings with my team isn’t just about showcasing expertise; it’s about fostering collective growth. When you become the person who demystifies AI and applies it thoughtfully, you’re not just staying relevant—you’re becoming indispensable.
Lessons from the Chaos
1. It’s Okay to Feel the Weight
Acknowledging anxiety isn’t a weakness; it’s a strength. These are not normal times, and pretending otherwise doesn’t help. Start by accepting that it’s okay to feel uneasy, then focus on what you can do about it. A good first step is seeking support from peers or mentors—having someone to talk through your concerns with can make a world of difference.
2. Control What You Can
Layoffs and industry shifts are beyond your control, but your response isn’t. This could be the perfect time to refine your LinkedIn profile, update your portfolio, or actively network within your industry. Taking proactive steps like these helps you stay visible and ready for opportunities, even in uncertain times. Upskilling in AI tools and strategies is a non-negotiable in this climate. Try to build prototypes using Bolt.new or Vercel V0 to get confidence on the tools. This newsletter by Colin Matthews is a great place to learn.
3. Communicate, Even When It’s Hard
Anxiety is contagious, but so is calm. Stakeholder relationships might feel strained, but maintaining open and honest communication can help rebuild trust. Instead of pushing for decisions or overloading others with updates, focus on clarity and reassurance. Admit when you don’t have all the answers, and explain changes transparently. A composed approach can turn tense conversations into collaborative problem-solving.
4. Support Your Team and Yourself
Your team feels the weight too. Regular check-ins, both on work and emotional well-being, can go a long way. For example, you can structure these check-ins by starting with a quick pulse on how everyone is feeling, followed by a review of key priorities. Wrap up by asking if there are blockers or concerns that need addressing. Keeping the tone supportive and collaborative ensures these meetings provide clarity and comfort. At the same time, set boundaries for yourself. Protecting your mental health isn’t just about survival—it’s about ensuring you can lead effectively.
Finding Purpose in Uncertainty
This season isn’t just about survival; it’s about growth. Gen AI isn’t a threat—it’s a powerful tool that, when wielded correctly, can elevate your impact and transform how you work. By leaning into new skills, educating your team, and approaching challenges with empathy, you can redefine what it means to be a PM in this era.
Your value isn’t tied to a job title or a specific skill. It’s in your ability to adapt, to lead, and to guide others through change. If you’re feeling the weight of uncertainty, take heart: the work you’re doing matters, and so do you.
How Are You Managing?
How are you navigating these challenges? Share your thoughts in the comments—let’s figure this out together.