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Chicago Sun-Times
Chicago Sun-Times
National
David Roeder

Bitwise bankruptcy ends plan for tech-training venture on South Side

Tech firm Bitwise Industries’ training center in Bakersfield, California. (Provided)

A Fresno, California-based company that trained tech workers from poor and mostly underrepresented neighborhoods collapsed, ending a venture it planned on Chicago’s South Side.

Bitwise Industries said in February it hoped to have 100 people working in Greater Grand Crossing by early 2024. But the company abruptly suspended operations in May, laying off 900 workers, and in June filed for bankruptcy. The layoffs included five Illinois workers, according to a filing with the state.

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