The AI revolution already claimed hundreds of jobs at the online tutoring company. Now it could save its business.
Chegg, Bay Area online education company once worth $12 billion, is laying off hundreds of workers in a second cut this year.
"Technology shifts have created headwinds for our industry and Chegg's business specifically. Recent advancements in the AI ...
A survey of college students by investment bank Needham found 30% intended to use Chegg this semester, down from 38% in the ...
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by ...
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 21.1% in the morning session after the company ...
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates significantly. Looking ahead, ...
Chegg (CHGG – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Jeffrey Silber ...
Chegg (CHGG) issues downbeat guidance and plans workforce reduction as student's adoption of AI weighs on sales. Read more ...
Santa Clara-based education tech company announced plans to slash its workforce by 21% this week and the CEO put part of the ...
Despite a decline in revenue and subscribers, Chegg Inc (CHGG) focuses on brand campaigns and product differentiation to ...
Online education company Chegg is laying off 319 employees, 21% of its total staff, and said it expects to fall short of its ...