BREAKING NEWS: Codesmith 2023 official outcomes published: CANNOT BE WORSE - placement rate crashed from 70% to 29%. Enrollment also tanked over 50%. The software engineering bootcamp era is over.

Definitely not a lot, they had a lease paying like $70K a month in NYC, and they laid off the majority of staff at this point. But $5M gives you raw resources to try to cut back and invest in AI and new programs that you wouldn't be able to do if you paused the program instead. Some respectable bootcamps paused and pivoted to AI because I think it's the more ethical thing to do. But delusionally continuing with SWE can backfire if the outcomes are too terrible and it destroys the brand instead and that's what we're now seeing here.