Chegg, Inc.’s CHGG core academic business has been significantly impacted by the rapid adoption of generative Artificial Intelligence (AI) and a sharp decline in Google-driven traffic. This resulted ...

Chegg is laying off 45% of its workforce, or 388 employees. The company blamed the "new realities" of artificial intelligence and diminished traffic from search engines like Google. Chegg also said it ...

Chegg, Inc. CHGG is leaning heavily on artificial intelligence (“AI”) to reshape its business model as it navigates a turbulent period marked by sharp subscriber losses. The education-technology firm ...

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Chegg's stock is down 99% as free AI tools like ChatGPT have made ...

It turns out that AI is absolutely going to take your job, with educational technology company Chegg announcing massive layoffs and citing the “new realities of artificial intelligence” as the primary ...