Tag Archives: Chegg

Chegg Lays Off Hundreds, Replaces CEO, All Because of AI

Chegg Lays Off Hundreds, Replaces CEO, All Because of AI

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 lazier. In fact, in five years, Chegg will restructure its company completely because it’s suffering so badly from competition with this new thing, this …

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Chegg to Remain a Standalone Public Company to Maximize Shareholder Value – Business Wire

Chegg to Remain a Standalone Public Company to Maximize Shareholder Value  Business Wire Chegg slashes 45% of workforce, blames ‘new realities of AI’  CNBC Hit by AI, edtech firm Chegg slashes jobs and names new CEO in major overhaul  Reuters Chegg (CHGG) Plans Major Restructuring to Boost Growth  GuruFocus Chegg Earnings: Big Quarter Sends Shares Higher  24/7 Wall St. Source link

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