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 ...
San Francisco 49ers CEO Jed York is being sued for alleged insider trading and violations of federal securities laws, the San Francisco Chronicle reported. Two lawsuits against York, 42, are connected ...
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 ...
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EdTech Company Chegg Slashes 45% Workforce, Brings Back Former CEO To Tackle ‘New Realities Of AI’
・Chegg reinstates former CEO Dan Rosensweig to lead the company, effective immediately. ・The learning company will lay off 388 employees and double down on corporate courses. ・Chegg says it will ...
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading learning platform, today announced it will remain a standalone public company and undertake a restructuring. Executive ...
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