“We hope the spirit of NYCDA will continue to live on through our vast alumni network around the world,” said the company’s head of marketing in a Slack message to the bootcamp’s community.
Coding bootcamp New York Code + Design Academy — which has campuses in New York, Philadelphia and Salt Lake City — will be closing its doors in March 2019 after it completes a final software engineering program.
Jeremy Snepar, CEO and founder of the company, confirmed the news via text message on Thursday evening.
Snepar founded the bootcamp program in 2012, which opened a Philly satellite program in 2014. Two years later, the company was acquired by Virginia-based Strayer Education, Inc. (SEI), the publicly traded parent company of Strayer University and other higher ed institutions.
On Thursday morning, during an earnings call with investors, Strayer CEO Karl McDonnell announced the decision to shutter the bootcamp as part of an internal restructuring, transcripts show.