Chegg said on Monday it would lay off about 45% of its workforce, or 388 employees, as the “new realities” of artificial intelligence and diminished traffic from internet search have led to plummeting revenue... — read more 

Doesn't look good.

Education software maker Chegg announced plans on Monday to cut nearly 250 jobs as part of a restructuring plan. In a filing with the Securities and Exchange Commission, Chegg, which is based in Santa Clara, said it will cut about 22% of its global... — read more 

https://thecheatsheet.substack.com/p/344-chegg-for-sale

Good luck to those affected. The rest of us should already have other options lined up.

Online education company Chegg is laying off 319 employees, 21% of its total staff, and said it expects to fall short of its previously announced financial targets for next year as artificial-intelligence tools continue to eat into its online... — read more 

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 

https://thecheatsheet.substack.com/p/chegg-ceo-out-as-company-continues

This time in California. "When the truth comes out, they won’t recover." https://thecheatsheet.substack.com/p/judge-chegg-must-face-cheating-claims

https://seekingalpha.com/news/4038518-chegg-drops-after-morgan-stanley-issues-bear-call

https://seekingalpha.com/article/4645192-chegg-inc-chgg-q3-2023-earnings-call-transcript

https://fortune.com/education/articles/chegg-coo-future-ai-education/

https://www.highereducationinquirer.org/2023/05/cheating-giant-chegg-shrinks-derek.html

https://philonedtech.com/data-security-it-pays-to-ignore/

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

"In a 4-0 vote, the Federal Trade Commission last week finalized a proposed order requiring ed tech provider Chegg to tighten its data security and delete unnecessary data." https://www.highereddive.com/news/ftc-order-chegg-data-security/641880/ — read more 

https://www.livemint.com/companies/start-ups/edtech-firm-byju-s-lays-off-nearly-1-500-employees-11675343777644.html

https://seekingalpha.com/news/3925337-chegg-drops-after-needham-turns-cautious-with-downgrade

https://thecheatsheet.substack.com/p/chegg-chegg-chegg

Old blood? https://seekingalpha.com/news/3892715-chegg-names-new-operations-chief

Watch Chegg and the College Meltdown... https://seekingalpha.com/symbol/CHGG/income-statement https://www.highereducationinquirer.org/2022/02/college-meltdown-20.html

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

"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 

"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

While this is still a solid company, it used to be much better. Looks like it's all going downhill?

https://seekingalpha.com/news/3741273-chegg-drops-as-pearson-sues-for-selling-answer-sets

Not too much info except there have been layoffs

Nothing more to add, while some of the competitors struggle we are doing just fine due to fine management and conservative approach