Shares of Chegg, Inc. CHGG have lost 45.4% in the past three months compared with the Zacks Internet – Software industry’s 10.1% decline. Over the same timeframe, the broader Computer and Technology ...

Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 8.7% in the afternoon session after the Federal Trade Commission (FTC) took action against peer company Illuminate Education, ...

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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 ...

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 ...

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 ...

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 ...

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 ...

Chegg, Inc. (NYSE: CHGG), a leading learning platform, today announced it will remain a standalone public company and undertake a restructuring. Executive Chairman Dan Rosensweig will reassume the ...