Chegg, Inc.’s CHGG core academic business has been significantly impacted by the rapid adoption of generative Artificial Intelligence (AI) and a sharp decline in Google-driven traffic. This resulted ...

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 ...

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 ...

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 ...

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 ...

As a casualty of the proliferation of artificial intelligence across academia, Chegg (NYSE:CHGG) faces an uncertain future as it struggles to stay relevant in a new era of learning. On Monday, the ...

Chegg is laying off 45% of its workforce, or 388 employees. The company blamed the "new realities" of artificial intelligence and diminished traffic from search engines like Google. Chegg also said it ...

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 ...