It isn't just Lambda School. I mentor for [insert large coding bootcamp here] and I will say things have been going badly across the board for more than 50% of students. They recently had to cut a lot of staff, and completion rates seem to hover around only 50-60% when you take into account all the students they remove from this calculation when they withdraw for "personal reasons". The employment numbers I don't have as much insight into but I have definitely had students who I don't think will get hired easily, and students reach out via LinkedIn 6th months later still looking for a job and wondering if they can work for me.
That said, two of our best junior devs (at Arist YC S20) are Lambda School and Ironclad grads respectively, and neither of them had any background in programming and went right from bootcamp into their current positions. So it definitely works for some people.
One thing I've tried to emphasize with my mentees is the need to go beyond the curriculum (because it simply doesn't cover enough) and do personal projects. I always tell them the narrative about how back in the early 00s, the only resources available were things like w3schools.com, documentation, and the occasional dubiously accurate blog entry. I was able to learn almost everything I learned not for the sake of learning it but because I wanted to build X or Y. Bootcamps will teach you a vertical slice of some skills that are relevant in [current year], but they do not do a very good job of getting you started on a lifelong process of self-learning and side projects, which is the only way you get anywhere in this industry. Plus the only way to stand out when you went to a bootcamp anyway is having a very exceptional github profile with open source contributions that demonstrates you actually have an interest and do things beyond what is required by the bootcamp.
That said, two of our best junior devs (at Arist YC S20) are Lambda School and Ironclad grads respectively, and neither of them had any background in programming and went right from bootcamp into their current positions. So it definitely works for some people.
One thing I've tried to emphasize with my mentees is the need to go beyond the curriculum (because it simply doesn't cover enough) and do personal projects. I always tell them the narrative about how back in the early 00s, the only resources available were things like w3schools.com, documentation, and the occasional dubiously accurate blog entry. I was able to learn almost everything I learned not for the sake of learning it but because I wanted to build X or Y. Bootcamps will teach you a vertical slice of some skills that are relevant in [current year], but they do not do a very good job of getting you started on a lifelong process of self-learning and side projects, which is the only way you get anywhere in this industry. Plus the only way to stand out when you went to a bootcamp anyway is having a very exceptional github profile with open source contributions that demonstrates you actually have an interest and do things beyond what is required by the bootcamp.