Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Chegg's stock is down 99% as free AI tools like ChatGPT have made ...

Chegg is laying off 388 employees, approximately 45% of its workforce, citing the impact of AI-powered tools and reduced Google traffic. The company also announced the immediate return of former CEO ...

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 ...

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 ...

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 ...

Chegg Inc has agreed to pay $7.5 million to settle U.S. Federal Trade Commission claims that the educational technology company made it difficult to cancel subscriptions, according to court papers ...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced today that it is scheduled to release its earnings results on Tuesday, ...

Chegg saw revenue decline 30% year-over-year in Q1 2025 248 workers (22%) will lose their jobs this year Other cost-cutting measures are confirmed Online learning platform Chegg has announced plans to ...