Topics regarding layoffs at Chegg Inc.

Topics regarding layoffs at Chegg Inc.

Chegg Layoffs May 28

Chegg laid off just over 80 employees from its Chegg Skills team. This was slightly over half of the employees that were supporting the Chegg Skills efforts - specifically their B2C and B2B bootcamp offerings. They've been struggling on this side of... — read more 

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Post ID: @OP+1sTEL897

Chegg losses

https://seekingalpha.com/symbol/CHGG https://www.highereducationinquirer.org/2022/02/college-meltdown-20.html

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Post ID: @OP+1l4LnaVK

Byju?

https://seekingalpha.com/news/3839370-chegg-2u-jum-after-report-of-takeover-talks-with-indias-byju

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Post ID: @OP+1gM6tHEi

Chegg and College Meltdown 2.0

"Student loan servicers and private student loan companies (Navient, Sallie Mae, Nelnet), publishers and other edtech enterprises (Chegg, Barnes & Noble Education, Coursera, and Guild Education) are implicated or at least entangled in the mess. ... — read more 

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Post ID: @OP+1fpEW9Yo

Shareholder lawsuit

"According to the complaint, the defendants made materially false and misleading statements and failed to disclose known adverse facts about Chegg's business, operations, and prospects.... https://www.bespc.com/cases/CHGG

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