Are Chegg's Aggressive Cost Cuts Enough to Protect Its Margins?
Key Takeaways Chegg's Q2 2025 revenues fell 36% to $105.1M as subscriptions and users dropped amid AI-driven search shifts.Operating expenses plunged 72% to $202.5M, with $165-$175M in 2025 savings and $100-$110M expected in 2026.AI integration across Chegg Study, Skills and Busuu aims to stabilize long-term growth and profitability.Chegg, Inc. (CHGG) witnessed a gloomy second quarter of 2025, with revenues of $105.1 million being down 36% year over year and subscription services revenues falling 39% to $89 ...