NEWS: Rithm School is shutting down - the doom and gloom is real - and it pains me to say so 😢. An update on bootcamp closures as of July 2024.

NEWS: Rithm School is shutting down - the doom and gloom is real - and it pains me to say so 😢. An update on bootcamp closures as of July 2024. An update on recent closures, layoffs, and pauses. This is not a doom and gloom post but a wake up call to realize that things are not running smoothly right now and to be cautious about dropping $20K on a bootcamp because they told you things are great. Marketing might be slick, CEO's might promise a rebounding market, but the fact of the matter is that clearly bootcamps are not doing well. Course Report can no longer be trusted - doesn't want to do anything about evidence of reviews being paid for. Those that are surviving are questioning if it's the thing they want to do with their lives. The Codesmith CEO's dream is to become a [Lego Youtuber](https://www.youtube.com/watch?v=4O8XsX7YCbM) for example. The long item App Academy founder and CEO stepped down. Rithm's incredibly passionate founders closed their doors. Survival is coming at a cost and I see two buckets: 1. Lean and founder driven. Launch School is a great example of a program that doesn't have VC funding and is largely driven by the passions of the founder. As long as Chris Lee keeps on going, Launch School will keep on going. 2. Giant corporations. Triple Ten is pouring hundreds of thousands (possibly millions) into advertising, affiliate marketing, and referral bonuses and it if they survive it will work, but if they run out of money and the unit economics don't work, they will not make it. Galvanize keeps on chugging. --------------------------------------------- [Rithm](https://www.rithmschool.com/apply/): notified via email of closure, no longer accepting applications [BloomTech](https://www.bloomtech.com/courses/full-stack-web-development): notified via email of pausing, no longer accepting applications (has waitlist for new content) [Codesmith](https://www.codesmith.io/blog/community-update-doubling-down-on-remote-learning-timeless-pedagogy-frontier-tech): laid off or lost up to 50% of staff, reduced cohorts from 4+1 full cohorts to 1+1 partially full cohorts, decreased number of instructors per cohort to 2. Still operating. [Epicodus](https://www.epicodus.com/blog/epicodus): shut down [Launch Academy](https://www.linkedin.com/pulse/launch-academy-announces-strategic-pause-immersive-pamjc/): pausing indefinitely [CodeUp](https://www.codeup.edu/): shut down abruptly [Ada Developers Academy](https://adadevelopersacademy.org/): paused primary program indefinitely [Galvanize/Hack Reactor](https://www.glassdoor.com/Reviews/Employee-Review-Galvanize-RVW87459495.htm): layoffs reported ongoing basis [TechElevator](https://www.galvanize.com/blog/galvanize-and-tech-elevator-announce-operational-consolidation/): operations merged with Galvanize and laid off a lot of staff App Academy: reported layoffs but still operating [Full Stack Academy](https://www.glassdoor.com/Reviews/Fullstack-Academy-Reviews-E980700.htm): layoffs reported due to consolidation [Flatiron](https://www.glassdoor.com/Reviews/Flatiron-School-layoff-Reviews-EI_IE964142.0,15_KH16,22.htm): layoffs reported [General Assembly](https://www.trueup.io/co/general-assembly/layoffs): layoffs reported [Iron Hack](https://www.linkedin.com/posts/xavier-lopez-reynau_hello-everyone-i-have-been-impacted-by-activity-7052306357990883328-8m8E/?trk=public_profile_like_view): layoffs reported Le Wagon: closed campuses [Coding Dojo](https://www.reddit.com/r/codingbootcamp/comments/1d18tnn/i_was_an_instructor_at_coding_dojo_for_4_years/): layoffs reported [Career Foundry](https://www.glassdoor.com/Reviews/Careerfoundry-Reviews-E893190.htm): layoffs reported [Springboard](https://www.glassdoor.com/Reviews/Employee-Review-Springboard-RVW79669934.htm): layoffs reported NO REPORTED LAYOFFS IN MY RESEARCH: - Launch School - Coding Temple - Code Fellows - Actualize - Nashville Software School - TripleTen: reported moving jobs geographically but no specific contraction reported - NuCamp: dynamic workforce scales up and down so no news on their size, but no layoffs reported