The whole process took around 5 weeks. It was a remote job, I applied online in Jan 2022, all interview stages were online.
4 stages: 30 mins call with recruiter, 1 hour interview with hiring manager (senior product manager), 1 hour interview with the director of product, then a PM exercise with a panel of 4 PMs.
Recruiter was very friendly and professional. He got me very excited about the company and position.
Second stage, the hiring manager was generally a nice guy, a little hesitant on how to ask questions, but overall was a nice chat and good energy. The hour involved what I did before, how I measured success at previous products, and learnings from failures, etc.
Next stage with the director of product was again about what I did and how I measured success - this time was more focused on how I engaged with end users and worked backwards to solve their pain points. There was also a question on AB testing in a B2C mobile context. Honestly, one of the nicest ladies I ever met for an interview.
Last stage was a 2 hour PM exercise. During the first hour, I was given a fairly straightforward case. Then, I joined another call for the second hour where I met a panel of 4 PMs - one of them was in the team I was applying to work with.
During the PM exercise, one of the PMs was very strange - his body language was putting me off as he kept looking around the room while I was speaking, getting too close then too far from his camera, biting his finger nails, never maintaining eye contact when I speak to him, etc, which was quite annoying and at some points, really stressful. When he speaks/ask questions, he had the "I know better/you're not as good as you think you are" attitude, which was really disappointing. I definitely think I would've had a completely different experience if this one person was not on the call (he was the least senior).
Overall, the process could've been better, and Indeed should definitely choose their interviewers more carefully. One week later, my application was rejected. I received a 30 min call from the recruiter to give me detailed feedback on all stages, which I appreciated.
To be honest, after this last experience on the PM exercise, I'm glad I wasn't accepted. Imagine this guy becomes my teammate, or even worse, my line manager.