Chegg faces existential threats from AI disruption, losing ~40% of its value and risking delisting as its stock nears $1. CHGG's restructuring splits the business into "Chegg Skilling" and "Academic ...

Demonstration of online tutoring features by Chegg, a US online education technology company. /Courtesy of Chegg U.S. educational technology (edtech) venture Chegg announced that it will lay off ...

Online homework helper Chegg said Monday that it will slash 45% of its workforce and bring back its previous CEO as it grapples with the “new realities of AI,” including reduced web traffic and ...

Education technology firm Chegg is undergoing one of the biggest shake-ups in its history, announcing plans to cut 45% of its global workforce as artificial intelligence transforms the way students ...

What just happened? AI's impact on jobs isn't always so direct as replacing workers. Chegg, the education tech company once valued at more than $12 billion, has said it is cutting 45% of its workforce ...

Chegg Inc., a Santa Clara-based online learning platform, said Monday it will cut about 45% of its workforce – roughly 388 employees – as it confronts what it calls "the new realities of AI and ...

If you were a lazy college student during Covid, imagine a time traveler from five years in the future telling you that something kind of like Chegg is coming soon—but this thing lets you be even ...

It turns out that AI is absolutely going to take your job, with educational technology company Chegg announcing massive layoffs and citing the “new realities of artificial intelligence” as the primary ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Chegg (NYSE: CHGG) shares climbed sharply on Monday after ...

Chegg, a popular online study platform used by millions, has agreed to pay $7.5 million to the FTC over accusations the company made it “nearly impossible” for parents and students to cancel their ...