Homework helper Chegg to slash 45% of workforce, bring back old CEO as ‘new realities of AI’ squash revenue

The education site – which offers textbook rentals and tutoring – said it will cut 338 employees as Google’s AI overviews ...

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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Why Are Chegg (CHGG) Shares Soaring Today

What Happened? Shares of online study and academic help platform Chegg (NYSE:CHGG) jumped 5.8% in the afternoon session after the stock rebounded as the company announced a major restructuring plan ...

Chegg replaces CEO and cuts 45% of staff as AI decimates its one-time $12 billion business

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

Chegg beats Q4 estimates with all-time high retention rates, 7.8 million subscribers

Chegg published fourth quarter financial results on Monday, beating market estimates with all-time high retention rates. The online learning platform had a record 7.8 million Chegg Services ...