The market's inclination toward digital learning, particularly AI-based alternatives, is favoring the edtech market and the ...

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 is cutting 388 jobs (45% of workforce) due to AI competition and reduced Google search traffic. The company’s stock has plummeted 99% from its $113.51 peak in February 2021, with market value ...

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 is slashing about 45% of its workforce—388 roles—as the company says the “new realities of AI” and a sharp drop in Google-driven traffic have significantly reduced its student traffic 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 ...

Dan Rosensweig returns as CEO, leading Chegg’s restructuring and pivot to the $40B skilling market. Restructuring aims to boost cash flow and refocus investment on AI-driven professional skilling ...

Shantanu Narayen's shift to subscriptions was so influential that the $135 bln software developer became a case study for training CEO wannabes. AI has now sparked a race to blaze a new trail. A ...

Chegg, Inc., the California-based education technology company best known for its online tutoring and homework help services, has agreed to pay $7.5 million to settle allegations brought by the ...

In the decade preceding the Covid-19 crisis, Chegg symbolized the go-to source for academic services, which ranged from textbook rentals, homework assistance and online tutoring. In March 2020, the ...