The article makes good points, but the author, nor anyone here really knows why they're going out of business, or even if it's a systemic thing. The industry is

The article makes good points, but the author, nor anyone here really knows why they're going out of business, or even if it's a systemic thing. The industry is becoming more mature and competitive. It's inevitable that at this stage, some firms will fail and there will be consolidation. I know plenty of people who were able to get great jobs right after graduating from a bootcamp and quickly become valuable members of their teams. Do bootcamps adequately prepare people to work as software engineers? No, but neither do most CS programs. I think the more pernicious problem they pose to their graduates is that they flood the hiring market will low quality talent. They don't do a good job of screening who will be any good, and just push them through their programs without ensuring that they know the material. At the same time, employers aren't focusing on the things that really matter to them in the interview process. Making someone write a contrived algorithm on a whiteboard in under 30 minutes doesn't tell anyone anything. I get that companies need to search for a signal in all of the noise bootcamps are putting out, but they need a better way of doing that.