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Chegg, Online Education Giant, Announces 22% Layoffs Amid AI Disruption
2025-05-13 /
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Author：小编
Chegg has announced the layoff of 248 employees, representing 22% of its workforce, in an effort to trim costs as students increasingly turn to AI tools such as ChatGPT. The company is grappling with a significant decline in web traffic, a 31% reduction in subscriber base, and a 30% drop in revenue. As a part of its comprehensive restructuring strategy, Chegg will shut down its offices in the United States and Canada, and implement various cost-cutting measures. These initiatives are projected to yield savings of between $45 million and $55 million in 2025, and between $100 million and $110 million in 2026.
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