Recent closures signal changes in the tech training market
Artificial intelligence, market saturation, and shifting demands from both employers and students are driving changes in coding bootcamps and other programs in the tech training sector, according to a recent Inside Higher Education story. These factors have contributed to several closures in the past year:
- 2U’s bootcamp division (December 2024)
- Codeup (December 2024)
- Momentum Learning Triangle coding bootcamp (August 2024)
- Rithm School (stopped accepting new applications in July 2024)
- Launch Academy (paused its code school in May 2024)
- Women who Code (April 2024)
- Epicodus (early 2024)
- Kenzie Academy, run by Southern New Hampshire University (2023)
Other providers have recently adapted their business models. Codesmith has moved to remote-based programming as of February 2024, while General Assembly, one of the largest bootcamps, introduced part-time options in March 2024. After downsizing in 2023, Ada Developers Academy reopened with a new focus on AI in fall 2024. 2U plans to offer shorter-term microcredentials in place of its bootcamp programming.
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