Chegg (CHGG) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to earnings of $0.09 per share a year ago. These figures are ...

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 ...

What just happened? AI's impact on jobs isn't always so direct as replacing workers. Chegg, the education tech company once valued at more than $12 billion, has said it is cutting 45% of its workforce ...

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 ...

Oct 27 (Reuters) - Educational technology company Chegg (CHGG.N), opens new tab said on Monday it would cut 388 roles globally, or about 45% of the workforce, to reduce costs and streamline operations ...

Dan Rosensweig returns as CEO, leading Chegg’s restructuring and pivot to the $40B skilling market. Restructuring aims to boost cash flow and refocus investment on AI-driven professional skilling ...

Nearly everything is easily accessible through your phone — especially photos. So, there’s a certain charm to having a physical keepsake of your favorite moments. One of my favorite ways to ...

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Banned Books Week has begun and new titles are dominating this year's top challenged list. Banned Books Week is Oct. 5-11 and this year's theme is, "Censorship Is so 1984. Read for Your Rights." The ...

The increased demand for AI tools across digital learning is substantially reducing traffic for basic subscription models, such as question-and-answer (Q&A) models, offered by ed techs like Chegg, Inc ...

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 ...

Sept 15 (Reuters) - 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 ...