Chegg cuts 45% of workforce as AI disrupts online learning platform. Santa Clara company eliminates 388 jobs amid declining ...

The education site – which offers textbook rentals and tutoring – said it will cut 338 employees as Google’s AI overviews ...

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.

"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 ...

Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 15.4% in the afternoon session ... For more ...

Having trained a chatbot to do the work of junior bankers, could OpenAI, with some assistance and deep pockets, potentially ...

Is now the time to buy VF Corp? Access our full analysis report here. Super Micro (NASDAQ:SMCI): Server solutions provider Super Micro (NASDAQ:SMCI) rose by 3.3% on Tuesday after ...

Shares of online study and academic help platform Chegg (NYSE:CHGG) jumped 5.8% in the afternoon session after the stock rebounded as the company announced a major restructuring plan that included a ...

Transformative new technology — the internet, the car, the steam engine — historically leads to new, better jobs for humans. What about AI?

Education technology firm Chegg is undergoing one of the biggest shake-ups in its history, announcing plans to cut 45% of its ...

Layoffs at companies ranging from Amazon to Target are sending young and experienced workers alike into an unwelcoming market ...