Earlier this week, Chegg announced a major restructuring, revealing plans to eliminate approximately 388 roles, or 45% of its global workforce, alongside the return of former CEO Dan Rosensweig as ...
The ed-tech behemoth Chegg is slashing severely to remain afloat, reporting plans to cut around 388 workers, nearly 45% of ...
Learn more about the educational technology company and its plans to layoff 45% of its workforce in response to AI.
"Leading Chegg has been a privilege. Over my 18 years at the company, we have helped millions of students learn and had a meaningful impact on their lives," said Schultz. "I am proud of what we have ...
The shift toward digital learning continues to create both winners and laggards in the education technology or EdTech space.
Having started as a digital and physical textbook rental service, Chegg later expanded to offer homework help, tutoring, and ...
Chegg announced on Monday it will eliminate 388 jobs, representing about 45% of its total workforce, as the education ...
According to reports, students increasingly turned to free AI tools, making Chegg's paid model less attractive ... For more ...
In October 2025, the education technology company Chegg made headlines by laying off 388 employees—approximately 45% of its ...
According to reports, students increasingly turned to free AI tools, making Chegg's paid model less attractive. This shift resulted in a significant drop in revenue, subscribers, and web traffic. The ...
Key Points Chegg narrowed its net loss by over 80% as cost-cutting stabilized operations despite continued revenue decline.