Never 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.
Lambda School lays off 65 employees
181–190 of 275 posts
Re: Lambda School lays off 65 employees
#182The levels of inhumanity and doublespeak in here are staggering. This post attempts to euphemize 65 people losing their incomes, and probably healthcare, to the point that it reads almost as farce. Not to mention what the impact will be on those remaining, students and staff alike. "...they believe it's impossible to make this model work. We strongly disagree." This is wildly insensitive to those involved. I find it…
Re: Lambda School lays off 65 employees
#183Re: Lambda School lays off 65 employees
#184Also 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.
I think the problem is that their part time outcomes were much smaller than full time. And it wasn't entirely an instructor or curriculum related problem. You are correct that schools like this (secondary/trade, not ISA, necessarily) do well during economic downturns, historically.
Re: Lambda School lays off 65 employees
#185Can someone explain how you can train Data Scientists in 6 months? What jobs do these grads walk into? The tech prerequisite is: "You should feel extremely comfortable with how a computer works including: touch-typing, web browsers, search engines, and basic computer programs." The Curriculum: Stats, Linear Algebra AND Data Wrangling: 4 Weeks Modeling: 3 Weeks Data Engineering, Databases, SQL, Productionisation: 3 We…
> Can someone explain how you can train Data Scientists in 6 months? Doesn't it ring alarm bells that society attempts to herd 100% of students through 4 year programs? That sounds far from optimal, no? It seems highly likely to me that if you get someone who excels on the steep parts of learning curves, 6 months studying the right things would be just as effective (if not more) than 4 years doing mostly busy work. >…
I don't know what you were doing in college but anyone who can learn four years of material in six months probably doesn't need Lambda School in the first place.
Re: Lambda School lays off 65 employees
#186Earlier quoted context omitted.
> Can someone explain how you can train Data Scientists in 6 months? Doesn't it ring alarm bells that society attempts to herd 100% of students through 4 year programs? That sounds far from optimal, no? It seems highly likely to me that if you get someone who excels on the steep parts of learning curves, 6 months studying the right things would be just as effective (if not more) than 4 years doing mostly busy work. >…
>Doesn't it ring alarm bells that society attempts to herd 100% of students through 4 year programs? That sounds far from optimal, no? Society doesn't attempt to herd anywhere near 100% of students through 4-year programs; you just made that up.
I saw countless people at my cow college who were utterly unqualified to be there, but because "It's free money!" and Mommy and Daddy expect them to go, they went.
For entirely too many of the young women, it was Four Year Husband Selection Tryouts, and for too many of the young men, it was Random Sexual Encounter Weekend. A couple of folks were there because we had the most powerful supercomputer in American academia, or for our excellent agricultural and engineering programs, but they were the exception rather than the norm.
Going back at age 28 after a six year stint in the Navy gave me a very different perspective though, so I may not be the best example.
Re: Lambda School lays off 65 employees
#187The levels of inhumanity and doublespeak in here are staggering. This post attempts to euphemize 65 people losing their incomes, and probably healthcare, to the point that it reads almost as farce. Not to mention what the impact will be on those remaining, students and staff alike. "...they believe it's impossible to make this model work. We strongly disagree." This is wildly insensitive to those involved. I find it…
I've been critical of some of their comms before [1], but this statement seems pretty good. You seem to be working hard to read it in the worst possible light. https://news.ycombinator.com/item?id=26948912
Re: Lambda School lays off 65 employees
#188Anyone 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
#189Earlier quoted context omitted.
I think the value is similar to the value of a personal trainer. There's no rocket science involved in maintaining fitness, but many people find value in the added accountability and planning support.
serious question: Why isn't there a service "personal trainer for coding"? Not so much for juniors looking to get into the industry, but... I'm sure there's a continuous pipeline of high-value people who would pay $$$ to keep them accountable to doing say three coding exercises a week while they are getting ready to switch jobs or are between jobs.
Re: Lambda School lays off 65 employees
#190I hope they success. The traditional higher education is becoming more and more a scam. Federal government is backing almost all the student loans, but universities automatically increase their tuitions. The student loan crisis is a clear indication that this model is not working. For the past 20 years, in-state public university tuitions have increased more than 200% [1]. Now the total student loans count to approxi…
If you look at how much these bootcamps charge (both in terms of tuition and income sharing), college is by far the cheaper option.