Chegg (CHGG) stock jumps 4% after-hours as it lays off 45% of its workforce, blaming AI amid a major restructuring plan.

Chegg (NYSE: CHGG) reported third-quarter results today that showed the company stabilizing losses while revenue continued to slide. The stock rose 3.60% in afternoon trading as investors digested ...

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Social Networking company ...

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Chegg, Inc. CHGG seems to be shifting its focus from a traditional student-focused business model to an advanced professional ...

By deepening collaboration with partner agents and integrating digital tools such as the Key Agent app, Opendoor aims to ...

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Chegg cuts 45% of workforce as AI disrupts online learning platform. Santa Clara company eliminates 388 jobs amid declining ...

Educational technology company Chegg said on Monday it would cut 388 roles globally, or about 45% of the workforce, to reduce ...

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.