Another CIRR school pauses enrollment due to the market. Bootcamps have to face reality or they will not survive 2024. If you are looking at bootcamp that doesn't warn you about the market for bootcamp grads, run for the hills!

I can speak for LeWagon but Codesmith is pride and not greed from what I've seen. They genuinely believe they have a unique and special program and anyone criticizing it is jealous or a competitor trying to leech off of them. The CEO has FrontEnd Master money and could do a number of other things to make more money. Their founding advisor could do a lot of other things and does Codesmith because he likes helping people. Admitting they aren't better than the market is a pride thing. I would love to see them say "the market is impact us and we have slowed down to save money, were trying to break even and pour every penny we can into Codesmith but we can't do as much as we wanted to and we are focusing on offering one incredible cohort with a minimal team". They still have far too many staff members. You don't need more than one outcomes person to manage a few offers a week and 30 people graduating a month. You don't need more than one admissions person for 30 people a month You don't need more than one coordinator You don't need more than one marketing and community person. You don't need three HR people. They probably have 3X as many staff as they need, and they prefer to pay them out of loyalty and pride than use their salaries to invest in Codesmith directly. I e many of these are operational people not generating permanent value for Codesmith rather than R&D who do.