Chegg on Monday filed suit in federal district court against Google, claiming that artificial intelligence summaries of search results have hurt the online education company's traffic and revenue. The ...
What Happened? A number of stocks fell in the afternoon session after the U.S. announced potential tariffs on several ...
Chegg announces a restructuring plan including a 23% headcount reduction. Chegg expects the restructuring to save the company between $40 million and $50 million in 2025. Get ahead of Wall Street ...
Chegg, Inc. CHGG is reshaping its business model to address rising uncertainty in student-driven online traffic. The company ...
From January 2000 to June 2022, the price of college textbooks increased 162%, more than double the 74.4% inflation rate during that same time period. During the 2021-2022 school year, students were ...
(Reuters) -Chegg said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline its operations as students increasingly turn to AI-powered tools such as ...
In the decade preceding the Covid-19 crisis, Chegg symbolized the go-to source for academic services, which ranged from textbook rentals, homework assistance and online tutoring. In March 2020, the ...
Chegg is focusing on AI tools and partnerships to accelerate net sales growth. The company offers diversified services in multiple languages and jurisdictions, aiming to meet the needs of new clients ...