Chegg Aktie News

Chegg's stock is down 99% as free AI tools like ChatGPT have made its paid homework help model obsolete, causing massive subscriber and traffic declines.

Chegg is laying off 45% of its workforce, or 388 employees. The company blamed the "new realities" of artificial intelligence and diminished traffic from search engines like Google.

Educational technology company Chegg said on Monday it would cut 388 roles globally, or about 45% of the workforce, to reduce costs and streamline operations as it works to adapt to the growing shift toward AI-powered tools.

Chegg narrowed its net loss by over 80% as cost-cutting stabilized operations despite continued revenue decline.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading learning platform, today announced it will remain a standalone public company and undertake a restructuring. Executive Chairman Dan Rosensweig will reassume the role of President and Chief Executive Officer, effective October 27, 2025. Current President and Chief Executive Officer Nathan Schultz will become an Executive A...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Chegg, Inc. (NYSE: CHGG) breached their fiduciary duties to shareholders. If you currently own Chegg stock and acquired shares on or before May 5, 2020, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading learning platform, announced today that it is scheduled to release its earnings results on Monday, November 10, 2025, after market close for the third quarter of 2025, which ended on September 30, 2025. Chegg will host a conference call to discuss the third quarter financial results at 1:30 p.m. Pacific Time (4:30 p.m. Ea...

Chegg (NYSE:CHGG) shares moved lower after it was revealed that the educational technology platform has agreed to $7.5 million to settle Federal Trade Commission (FTC) claims that it made it difficult for consumers to cancel recurring subscriptions. The FTC alleged that Chegg buried cancellation options on its website and imposed a confusing, cumbersome process, with internal communications ind...