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 ...
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates significantly. Looking ahead, ...
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 21.1% in the morning session after the company ...
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 ...