Chegg stock has lost 99% of its value since 2021. With shrinking revenue and high cash burn, can Chegg charge students money ...
Chegg Axes 45% Staff Due to AI Impact Edtech firm shifts to enterprise training, expects $100M savings as stock drops 99% ...
Chegg, Inc. CHGG is scheduled to report its third-quarter 2025 results on Nov. 10, after market close. In the last reported quarter, the company’s adjusted earnings per share (EPS) and net revenues ...
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 ...
This is only the latest in a drumbeat of job cuts at Chegg: June 2024, November 2024, May and now, for a total of 1,396 ...
The MarketWatch News Department was not involved in the creation of this content. FTC alleges Chegg failed to provide simple mechanisms for cancellation and made it difficult for consumers to cancel ...
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 ...