Google and AI are to blame: Edutech company Chegg on cutting hundreds of jobs
Chegg is laying off 388 employees, approximately 45% of its workforce, citing the impact of AI-powered tools and reduced Google traffic. The company also announced the immediate return of former CEO Dan Rosensweig. These moves come as Chegg faces significant stock decline and a completed strategic review to remain independent.
Chegg is laying off 388 employees, approximately 45% of its workforce, citing the impact of AI-powered tools and reduced Google traffic. The company also announced the immediate return of former CEO Dan Rosensweig. These moves come as Chegg faces significant stock decline and a completed strategic review to remain independent.
