BloomTech, previously Lambda School, cuts half of staff

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, according to sources. 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. 
This is the company’s third round of known layoffs since the COVID-19 pandemic began. During BloomTech’s last big

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