While this is still a solid company, it used to be much better. Looks like it's all going downhill?
No layoffs at Chegg (and great management team)
Nothing more to add, while some of the competitors struggle we are doing just fine due to fine management and conservative approach
Some layoffs as of today
Not too much info except there have been layoffs
"Chegg drops as Pearson sues for selling answer sets"
https://seekingalpha.com/news/3741273-chegg-drops-as-pearson-sues-for-selling-answer-sets
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
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
Byju?
https://seekingalpha.com/news/3839370-chegg-2u-jum-after-report-of-takeover-talks-with-indias-byju