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Chegg slashes 45% of workforce, blames 'new realities of AI'
- gnabgib 11mo agoRelated: Chegg to lay off 22% of workforce as AI tools shake up edtech industry (12 points, 6 months ago, 5 comments) https://news.ycombinator.com/item?id=43965564 https://news.ycombinator.com/item?id=43965564 Chegg is on its last legs after ChatGPT sent its stock down (108 points, 1 year ago, 97 comments) https://news.ycombinator.com/item?id=42103576 https://news.ycombinator.com/item?id=42103576 Chegg stock sinks after CEO says ChatGPT hurt growth (52 points, 2 years ago, 54 comments) https://news.ycombinator.com/item?id=35929011 https://news.ycombinator.com/item?id=35929011
- mathattack 11mo agoIt’s been a sustained drop. An early canary in the coal mine too.