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.

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. I'm going to keep this brief because the data tells the story pretty well. Codesmith was once arguably the top bootcamp, and generally regarded as a top 5 bootcamp, and their outcomes have been completely decimated. They touted in their marketing in 2023 of past years' median placement salaries of up to $130K, 90% placement rates, and people didn't care how it happened just that it happened. **Well the job market has humbled even the best and Codesmith's self-reported 2023 student placement rate is beyond terrible, it's evidence that SWE bootcamps are no longer a viable pathway into the industry no matter what the program says or does.** [Link to Official Report](https://www.bppe.ca.gov/webapplications/annualReports/2023/document/d61a60e4-9016-4044-946e-938c502f4c86) **DATA SUMMMARY:** 2021: 347 students -> 327 graduates -> 90% employed in field 2022: 606 students -> 389 graduates -> 70% employed in field # 2023: 258 students -> 251 graduates-> 29% employed in field # Only 71 students from 2023 placed At a tuition of over $20,000 Codesmith made over $5,000,000 in student tuition from these people. If you are a Codesmith student or alumni, my DMs are open if you have comments and aren't comfortable commenting on the thread. I know a lot of people are upset and I don't expect these statistics to help. \---------------------------------------- **COMMENTARY:** These are my personal opinions based on my personal perspective. 1. I'm super upset that all through 2024 Codesmith leaders have been defending their outcomes, publicly gaslighting me for calling out their data by sharing cherry picked data and then defending it... and all this time they were clearly aware their placement rates were tanking. 2. Codesmith has been advertising amazing placements on their website, talking about how strong their outcomes were on their blog, and not once warned anyone about the tanking placement rates they have known about for months now. I hope they take responsibility for this. In January 2024, when they had an early but reasonable signal on 2023 graduates, they touted "strong outcomes" and didn't warn anyone of anything. 3. Codesmith is advertising over 4000 graduates as a sign of the strength of the school... well in 2023 there were only 258 and only 71 people placed in a year, so no matter how good they were in the past, don't be mislead about current outcomes. 4. Enrollment tanked in 2023 from 606 -> 258 students **AND** placements tanked. So this adds to the evidence that enrollment is tanking and placements are tanking. This could indicate the bar is lower and more people are being let in that shouldn't have been, but were let in because of tanking enrollment. Codesmith has denied this, so it's also possible that the market alone is responsible.