Workflow
Chegg slashes nearly half of its workforce as AI eats into its business
Yahoo Finance·2025-10-29 16:28

This story was originally published on Higher Ed Dive. To receive daily news and insights, subscribe to our free daily Higher Ed Dive newsletter. Dive Brief: Ed tech specialist Chegg is slashing 388 jobs, or about 45% of its workforce, in a massive restructuring effort expected to save up to $110 million next fiscal year, the public company said this week.  The news comes as Chegg announced it will remain a standalone company following an exploration of strategic options that could have involved selling ...