Lambda School lays off 65 employees
lambdaschool.com
Lambda School lays off 65 employees
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Re: Lambda School lays off 65 employees
#2Looks like a refocusing on the full-time program.
Doesn't seem _too_ surprising, given how many part-time programs (ie, Coursera) have struggled to retain users distracted by jobs and life.
I hope they figure it out. 4-year university education for everyone is a broken model, and students deserve a cheaper path that doesn't eat half a decade of their life.
Re: Lambda School lays off 65 employees
#3Anyone with knowledge know if this is isolated to lambda falling behind their peers, or the industry itself starting to turn away from hiring boot camp grads?
Re: Lambda School lays off 65 employees
#4Never heard of a right-sizing before. The linguistic hurdles of execs will never cease to amaze me!
Re: Lambda School lays off 65 employees
#5Also of note:
> One immediate change, however, is that we are pausing new enrollment in our part-time programs.
This all surprised me a little since I imagined schools like this would be doing well, pandemic job losses and expanded unemployment ought to make for a great market of prospective students. I guess it hasn’t been that simple.
Re: Lambda School lays off 65 employees
#6Anyone with knowledge know if this is isolated to lambda falling behind their peers, or the industry itself starting to turn away from hiring boot camp grads?
Totally anecdotal from an employer perspective, but I haven't seen any companies turning away from bootcamp grads.
Re: Lambda School lays off 65 employees
#7Kind of weird seeing this after following Austen on Twitter for so long, he is always bragging on there about how well they’re doing. I guess things aren’t always as great as they seem!
Re: Lambda School lays off 65 employees
#8Anyone with knowledge know if this is isolated to lambda falling behind their peers, or the industry itself starting to turn away from hiring boot camp grads?
Possibly related to the submission here from a few days ago: "Lambda School agrees to end deceptive educational financing practices."[1]
Additionally, I found another story from a few months back with a lot of comments: "Lambda School is the biggest mistake I made this year."[2]
Re: Lambda School lays off 65 employees
#9That's too bad. I'm rooting for Lambda School, they are trying hard to innovate in the area of education. Maybe ISAs are the future, maybe not, but the traditional university track of spending out $100K+ is clearly not the future.
They should have been really excelling during the 2020 year of covid, I wonder where things went wrong. Anyone know?
Re: Lambda School lays off 65 employees
#10Never heard of a right-sizing before. The linguistic hurdles of execs will never cease to amaze me!
To be fair, while I'm no "corporate simp", it is entirely possible that a company has hired too many people and needs to fire them to return to the "right size" for profitability to be sustained.