Chegg’s CEO once said he’s the ‘poster child’ for AI shock. Now, the company is slashing 45% of staff

The edtech pioneer cuts 388 jobs and brings back Dan Rosensweig as CEO, underscoring how generative AI and shrinking Google ...
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Why Chegg (CHGG) Shares Are Plunging Today

Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 13.8% in the morning session after the company ...

Chegg cuts 45% of staff as AI reshapes online learning business

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

EdTech Giant Chegg Slashes 45% of Workforce as AI Upends Business — But Its Stock Still Struggles

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

Chegg Lays Off Hundreds, Replaces CEO, All Because of AI

The new CEO, Dan Rosensweig, is actually the company’s old CEO from its more successful era. Chegg also apparently conducted ...
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Chegg stock crashes as free AI tools send online education company 'spiraling'

Chegg stock (CHGG) plummeted on Tuesday as the rise of free artificial intelligence tools has stunted growth at the online education company. Late Monday, the company said in its first quarter release ...