Springboard Pledges $1,000,000 in Scholarship Funding for Individuals Impacted by Tech Layoffs

Online Learning Platform Announces Career Reboot Scholarship and Free Career Coaching Sessions to Support Tech Job Seekers

SAN FRANCISCO--()--Springboard, an industry-leading online learning platform preparing students for in-demand careers through comprehensive, mentor- and instructor-led programs, announced today that it is committing up to $1,000,000 in scholarship funding through 2024 for individuals impacted by tech industry layoffs. The funds will be available today through a newly-launched Career Reboot Scholarship Program, intended to assist job seekers from tech looking to upskill, reskill and stand out in a competitive hiring environment.

The Career Reboot Scholarship is part of Springboard’s wider Inclusion Scholarship Program, which launched in early 2022 with the goal to increase access to Springboard’s career-transforming learning programs for underrepresented talent and needs-based individuals. Through this program and others, Springboard has awarded over $4,000,000 in scholarship funding to-date supporting students in their pursuit of in-demand skills for tech careers. The Career Reboot Scholarship will provide eligible individuals $1,000 toward a Springboard Career Track Program in Software Engineering, Data Analytics, UX Design, CyberSecurity and more.

“Layoffs are painful, and the experience can leave people feeling disoriented about their career and their future,” said Gautam Tambay, Springboard co-founder and CEO. “The message we're sending with the Career Reboot Scholarship is that adversity can be an opportunity for reinvention. We saw this throughout the pandemic when thousands of people who lost their jobs turned to Springboard to start new careers. We know that with the right tools and support, those impacted by these layoffs have a chance to invest in themselves, build new skills and get the support they need to transition to the jobs they’ve always wanted. Tech talent is still in high demand, especially across sectors like healthcare, finance, clean energy and more.”

Springboard’s programs focus on human support, with one-on-one guidance from industry mentors and career coaches to deliver impactful outcomes for students. To offer additional support to those who have been impacted by job cuts or are seeking new roles, Springboard is also launching a series of free live career coaching sessions beginning on March 2nd.

The first session, Coming Out Ahead After the Tech Layoffs: 5 Tips from a Career Coach, will cover why tech layoffs are happening, how to build confidence after a layoff, who is hiring now and pro tips for a successful job search. Future sessions are expected to cover topics like resume building, salary negotiations, networking, building resilience and identity through the job search, tips for managing employer-facing social media platforms like LinkedIn, and more.

“We recognize that some individuals may already have the technical skills needed to stand out in their current or desired fields, so we wanted to also offer additional resources that could help in the job search. That’s why we’re launching these career coaching sessions, which will be available to anyone, regardless of Springboard affiliation,” said Libby Edwards, Head of Career Outcomes at Springboard. “Both technical and soft skills can help today’s tech talent build career momentum, and Springboard is committed to supporting them as they seek out their next opportunity.”

For further information about the Career Reboot Scholarship, including eligibility requirements and how to apply, as well as to sign-up for the upcoming career coaching session visit: www.springboard.com/landing/career-reboot-scholarship/.

To learn more about Springboard’s Inclusion Scholarship Programs, visit www.springboard.com/how-it-works/scholarships/.

About Springboard

Founded by Parul Gupta and Gautam Tambay in 2013, Springboard is on a mission to transform one million lives through education by 2030. Springboard believes that each student is unique and needs a learning experience designed to fit their life’s pace, supported by advisors and mentors. More than 20,000 students across 100+ countries have used Springboard to advance their careers through the platform’s comprehensive, mentor-led online learning programs. Graduates have landed jobs with employers like Microsoft, Google, Meta, LinkedIn, Deloitte, Intel, IBM, Salesforce, and more. Springboard was recently named one of the 2023 GSV EdTech 150, a list of the world’s most transformative growth companies in digital learning. Springboard is a 2020 Inc. 5000 company based in San Francisco, recently named a Top Workplace for Women by Elpha and a Top 100 Workplace with the Best D&I Initiatives in 2021 by Mogul, and is backed by leading venture capital firms, including Telstra Ventures, Vulcan Capital, SJF Ventures, Reach Capital, Pearson Ventures, International Finance Corp., Costanoa Ventures, Learn Capital, and Blue Fog Capital. For more information, please visit springboard.com or follow along on LinkedIn, Twitter, and Instagram.

Contacts

Demonstrate PR on behalf of Springboard
springboard@demonstratepr.com
415-400-4214

Contacts

Demonstrate PR on behalf of Springboard
springboard@demonstratepr.com
415-400-4214