Chegg plans to cut 388 roles, or about 45% of the workforce, citing the "new realities of AI", and says executive chairman Dan Rosensweig returns as CEO (Vallari Srivastava/Reuters)
NegativeArtificial Intelligence

Chegg is making significant cuts to its workforce, reducing 388 roles, which is about 45% of its total employees. This decision comes as the company adapts to the 'new realities of AI,' indicating a shift in the educational technology landscape. The return of executive chairman Dan Rosensweig as CEO highlights a major overhaul for the company as it navigates these challenges. This move is crucial as it reflects broader trends in the industry where companies are reevaluating their strategies in response to advancements in artificial intelligence.
— Curated by the World Pulse Now AI Editorial System




