Chegg, Inc.âs 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 ...
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EdTech Company Chegg Slashes 45% Workforce, Brings Back Former CEO To Tackle âNew Realities Of AIâ
ă»Chegg reinstates former CEO Dan Rosensweig to lead the company, effective immediately. ă»The learning company will lay off 388 employees and double down on corporate courses. ă»Chegg says it will ...
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 ânew realities of AI,â including reduced web traffic and ...
It turns out that AI is absolutely going to take your job, with educational technology company Chegg announcing massive layoffs and citing the ânew realities of artificial intelligenceâ as the primary ...
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 ...
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 ...
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 ...
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