Hit by AI, edtech firm Chegg slashes jobs and names new CEO in major overhaul
Update: 2025-10-28
Description
Chegg is in crisis mode! Facing a massive revenue drop due to AI competition and Google's search changes, the education tech company is slashing 45% of its workforce and bringing back its former CEO after only a few months of new leadership. Find out why Chegg's stock is plummeting, what happened with the rumored sale of the company, and if these drastic measures can save Chegg from being disrupted out of existence.
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