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Chegg says subs dropped 31% in Q1 to 3.2M; it will lay off 248 employees, or ~22% of its staff, to cut costs as students keep turning to AI tools like ChatGPT (Kritika Lamba/Reuters)

Kritika Lamba / Reuters: Chegg says subs dropped 31% in Q1 to 3.2M; it will lay off 248 employees, or ~22% of its staff, to cut costs as students keep turning to AI tools like ChatGPT  —  Chegg (CHGG.N) said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline …

May 12, 2025 - 18:52
 0
Chegg says subs dropped 31% in Q1 to 3.2M; it will lay off 248 employees, or ~22% of its staff, to cut costs as students keep turning to AI tools like ChatGPT (Kritika Lamba/Reuters)

Kritika Lamba / Reuters:
Chegg says subs dropped 31% in Q1 to 3.2M; it will lay off 248 employees, or ~22% of its staff, to cut costs as students keep turning to AI tools like ChatGPT  —  Chegg (CHGG.N) said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline …

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