Tech Job Slump Hits Coding Bootcamp Graduates as AI Reshapes Industry

U.S. software developer job listings have plummeted 56% since 2019, according to CompTIA data, as coding bootcamp graduates face mounting challenges from AI tools and widespread tech industry layoffs.

For entry-level positions, postings have dropped even further at 67%. The downturn has forced several bootcamps to adapt or close. Boston's Launch Academy suspended operations in May after job placement rates fell from 90% to below 60%. Meanwhile, AI coding tools like ChatGPT and GitHub's Copilot are transforming the industry, with Google reporting that AI now generates over 25% of its new code.

'This is the worst environment for entry-level tech jobs I've seen in 25 years,' said Menlo Ventures partner Venky Ganesan.

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