Around 200 faculty and staff will lose their jobs in December, owing to the closure of two Bay Area private colleges.

The Art Institute of California-San Francisco and the Alameda campus of Argosy University are no longer accepting applications, according to their websites.

Pittsburgh-based Dream Center Education Holdings acquired the schools last year. The organization runs more than 20 schools throughout California and the U.S, focused on IT, fashion, design and other fields. California is the organization's largest market.

Dream Center spokeswoman Anne Dean cited declining enrollment and a higher demand for online learning as reasons for the closures.

"Since acquiring these schools in late 2017, we have been undergoing an ongoing process of evaluating the viability of certain campus-based programs relative to student needs and preferences in order to best support our students, both present and future," Dean said in an email. "As a result of that examination, we have made the decision to discontinue campus-based programs for a number of schools within The Art Institutes, Argosy University, and South University systems."