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 that included a ...

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 ...

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 ...

Chegg said it will remain a public standalone company, but restructure how it operates, after initiating a business review in February to address declining traffic. The online education company said ...

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 ...

Chegg (NYSE: CHGG) shares climbed sharply on Monday after the company announced a sweeping restructuring and confirmed that founder Dan Rosensweig will return as CEO. The stock rose 3.6% in afternoon ...

Settlement provides $7.5 million in refunds and requires easier cancellations Chegg, a "study solutions" company will be required to pay $7.5 million to refund customers who were charged for ...