Chegg (CHGG) stock jumps 4% after-hours as it lays off 45% of its workforce, blaming AI amid a major restructuring plan.
The new CEO, Dan Rosensweig, is actually the company’s old CEO from its more successful era. Chegg also apparently conducted ...
Chegg is laying off 388 employees, approximately 45% of its workforce, citing the impact of AI-powered tools and reduced ...
Asianet Newsable on MSN
EdTech Company Chegg Slashes 45% Workforce, Brings Back Former CEO To Tackle ‘New Realities Of AI’
Chegg reinstates former CEO Dan Rosensweig to lead the company, effective immediately. The learning company will lay off 388 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback