CHGG
USDChegg Inc. Common Stock
Real-time Price
Price Chart
Key Metrics
Market Metrics
Open
$0.880
High
$0.967
Low
$0.900
Volume
2.17M
Company Fundamentals
Market Cap
101.5M
Industry
Education & Training Services
Country
United States
Trading Stats
Avg Volume
3.84M
Exchange
NYQ
Currency
USD
52-Week Range
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Chegg slashes 45% of workforce, blames 'new realities of AI'
The online education company said the combination of artificial intelligence and diminished traffic from search engines like Google has hurt the business.
Hit by AI, edtech firm Chegg slashes jobs and names new CEO in major overhaul
Educational technology company Chegg said on Monday it would cut 388 roles globally, or about 45% of the workforce, to reduce costs and streamline operations as it works to adapt to the growing shift toward AI-powered tools.
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