Chegg cuts 45% of workforce as AI disrupts online learning platform. Santa Clara company eliminates 388 jobs amid declining ...

Online homework helper Chegg said Monday that it will slash 45% of its workforce and bring back its previous CEO as it ...

This is only the latest in a drumbeat of job cuts at Chegg: June 2024, November 2024, May and now, for a total of 1,396 ...

Chegg stock has lost 99% of its value since 2021. With shrinking revenue and high cash burn, can Chegg charge students money ...

Chegg said it will remain a public standalone company, but restructure how it operates, after initiating a business review in February to address declining traffic.

The new CEO, Dan Rosensweig, is actually the company’s old CEO from its more successful era. Chegg also apparently conducted ...

The edtech pioneer cuts 388 jobs and brings back Dan Rosensweig as CEO, underscoring how generative AI and shrinking Google ...

Chegg, Inc. (NYSE: CHGG), a leading learning platform, today announced it will remain a standalone public company and ...

Chegg Axes 45% Staff Due to AI Impact Edtech firm shifts to enterprise training, expects $100M savings as stock drops 99% ...

Chegg cuts nearly half its workforce as AI tools reshape education, leaving investors worried about the company's future and ...

Chegg (CHGG) stock jumps 4% after-hours as it lays off 45% of its workforce, blaming AI amid a major restructuring plan.

Having started as a digital and physical textbook rental service, Chegg later expanded to offer homework help, tutoring, and ...