Chegg recorded a drop in sales in the third quarter, but narrowed its loss as it aims to reposition itself as a workforce reskilling company. Chegg, which has been known for its online education ...

Online study and academic help platform Chegg (NYSE:CHGG) announced better-than-expected revenue in Q3 CY2025, but sales fell by 43.1% year on year to $77.74 million. On the other hand, next quarter’s ...

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 ...

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 ...

Investors reacted positively to the drastic cost-cutting measures. After closing the regular session at $1.44 apiece, Chegg’s stock jumped $0.060, or 4.17%, in after-hours trading. The sweeping ...

Chegg Inc. announced one of the most dramatic workforce reductions in recent corporate history Monday, eliminating 45 percent of its employees as artificial intelligence fundamentally reshapes how ...

Chegg is slashing about 45% of its workforce—388 roles—as the company says the “new realities of AI” and a sharp drop in Google-driven traffic have significantly reduced its student traffic and ...

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. The online education company said ...

Chegg, Inc. (NYSE: CHGG), a leading learning platform, today announced it will remain a standalone public company and undertake a restructuring. Executive Chairman Dan Rosensweig will reassume the ...

Shares of online study and academic help platform Chegg (NYSE:CHGG) jumped 7.8% in the morning session after positive sentiment grew around the company's strategic shift toward artificial intelligence ...

Settlement provides $7.5 million in refunds and requires easier cancellations Chegg, a "study solutions" company will be required to pay $7.5 million to refund customers who were charged for ...

Chegg Inc has agreed to pay $7.5 million to settle U.S. Federal Trade Commission claims that the educational technology company made it difficult to cancel subscriptions, according to court papers ...