Homework helper Chegg to slash 45% of workforce, bring back old CEO as ‘new realities of AI’ squash revenue

Source: New York Post Business | Published: October 28, 2025, 1:48 pm | Read Original

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Homework helper Chegg to slash 45% of workforce, bring back old CEO as ‘new realities of AI’ squash revenue

The education site – which offers textbook rentals and tutoring – said it will cut 338 employees as Google’s AI overviews squash web traffic and students flock to AI chatbots like ChatGPT.

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Homework helper Chegg to slash 45% of workforce, bring back old CEO as ‘new realities of AI’ squash revenue

The education site – which offers textbook rentals and tutoring – said it will cut 338 employees as Google’s AI overviews squash web traffic and students flock to AI chatbots like ChatGPT.

New York Post Business • Oct 28, 2025 • Found on Glideslope.ai

Post hash: s0vkrww • glideslope.ai/post/s0vkrww

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Chegg slashes 45% of workforce, blames 'new realities of AI'