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The reason why boot camps are shutting down is because money is drying up. They are either predicting we are about to head into recession and/or that the hiring
by eighthnate 9y ago
The reason why boot camps are shutting down is because money is drying up. They are either predicting we are about to head into recession and/or that the hiring of entry level developers is going to dry up in the coming months/years.
Go back to 2004-2007. There were tons of "training schools" for developers. They all cashed out right around the time of the financial crisis.
Then around 2012, they all resurfaced as "boot camps".
Rising interest rates, saturated employment environment and 10 years of insane growth probably means that they don't see much room for growth in the near term so they are closing shop.
They'll be back in a few years under different branding once the environment changes.