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New App Academy Layoffs?

1 of Michael's comment in this thread · View thread on Reddit ↗

u/michaelnovati replied · ★ FEATURED
Not App Academy student and no information right now, but this wouldn't surprise me whatsoever. The CEO stepped down [four months ago in March](https://www.appacademy.io/blog/mari-nazary-joins-app-academy) To me this was a signal that the promises the CEO made needed to be reset, and a new new 'business-focused' CEO was needed. Mari, the new CEO, comes from BloomTech. Her LinkedIn, as of 7/13/2024 says the following for Bloomtech: >Revolutionized the product and learning experience by introducing a proprietary platform and digitizing all learning materials and touchpoints, resulting in a significant reduction of the cost per learner from $15K to $1K. So I presume that was a reason she was hired by App Academy - if she can reduce the cost per student from $15K to $1K all over again! How do you reduce costs? Well people are the number one cost of most bootcamps so you have to remove people = layoffs. Now layoffs don't necessarily mean quality will drop. Codesmith laid off up to 50% of their staff and reduced from 4 + 1 100% full cohorts to 1 + 1 not-full cohorts and is generally operating as they were with no meaningful changes. Layoffs for efficiency can be good - they can result in a smaller, hungrier team, that matches the smaller cohorts and give people a similar or better experiences. But not all layoffs are good and you have to ask why. If the industry is falling apart and the best people are jumping ship, e.g. Codesmith's beloved long time senior engineer manager announced he is leaving this week, it's more cause for questions. Note I said questions and not concern... you have to ask and the bootcamps have to be transparent about it.