Chegg’s Challenging Path: Navigating Competitive Pressures and Strategic Restructuring
Chegg (CHGG – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Jeffrey Silber ...
Chegg layoffs: Company to cut over 300 jobs, CEO blames AI
Santa Clara-based education tech company announced plans to slash its workforce by 21% this week and the CEO put part of the ...
Bay Area tech company Chegg lays off hundreds more, CEO blames Google and AI
Chegg, the online education company based in Santa Clara, is laying off 319 workers. It’s the second major cut at Chegg in ...
Chegg price target lowered to $3 from $4 at Northland
Northland analyst Mike Grondahl lowered the firm’s price target on Chegg (CHGG) to $3 from $4 and keeps a Market Perform rating on the ...
Chegg Shares Drop 13% as Students Go for Free AI Education Tools
Shares of Chegg dropped to a new record intraday low after the company said it is further restructuring its operations to respond to an educational environment that is increasingly adopting free and ...