BloomTech, Previously Lambda School, Cuts Half of Staff (techcrunch.com) 13
A little over a year after buzzy coding bootcamp Lambda School rebranded as Bloom Institute of Technology, the venture-backed startup is conducting massive layoffs, TechCrunch reported, citing sources. From the report: The workforce reduction, per people familiar with the matter, has impacted half of the company's staff across content, product, data and engineering teams. The layoff is expected to have impacted around 88 employees, using metrics provided in BloomTech's 2022 diversity report metrics.
Employees were called into an All Hands meeting this morning in which BloomTech CEO Austen Allred notified staff of the impending layoffs. After the meeting, those impacted were notified via e-mail. According to documents seen by TechCrunch, employees will get normal pay and medical benefits until January 31, 2023 and are "expected to work" through that period. Those laid off were also offered optional time with managers to talk.
Employees were called into an All Hands meeting this morning in which BloomTech CEO Austen Allred notified staff of the impending layoffs. After the meeting, those impacted were notified via e-mail. According to documents seen by TechCrunch, employees will get normal pay and medical benefits until January 31, 2023 and are "expected to work" through that period. Those laid off were also offered optional time with managers to talk.
disrespectful (Score:2)
> Those laid off were also offered optional time with managers to talk.
They do not even have enough respect to tell you to your face. What a garbage company.
Re: (Score:3)
Austin Allred tweets a lot and is in general a piece of shit entitled asshole. He deserves the failure of this company.
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Management: At least they offered the option.
I remember at Gateway having the henchmen come in from corporate. They'd just walk around the building, point to somebody, hand them a box, and security would stand there while you cleaned out your desk. Escorted to your car. GTFO. Done.
Great tactics for continued improvement of morale among those remaining.
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Re: disrespectful (Score:1)
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Not only bad for those that want to learn (Score:2)
Obviously also bad for those that want to teach. Best stay away from this type of "crap level" education business.
Good luck to their current students (Score:2)
"Time to talk" (Score:2)
As a manager once in that position, what it really means is, "Time to vent ineffectually". The managers won't have any tools in their toolbox to change the outcome in any meaningful way. That position sucks.
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When are lay-offs or firing someone ever a position that does not suck?
Bloom? (Score:3)
Among those laid off were instructors Bill the Cat, Opus the Penguin, and Steve Dallas.