Two important things to consider when opening a business checking account are monthly maintenance fees and minimum deposit requirements. Many banks charge a monthly maintenance, or service, fee just ...

A new Cambridge University index exposes the thriving underground market where fake social media account verifications can be purchased for as little as 8 cents, fueling online manipulation and ...

Chegg (CHGG) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to earnings of $0.09 per share a year ago. These figures are ...

Chegg recorded a drop in sales in the third quarter, but narrowed its loss as it aims to reposition itself as a workforce reskilling company. Chegg, which has been known for its online education ...

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In October 2025, the education technology company Chegg made headlines by laying off 388 employees—approximately 45% of its entire workforce—in one of the most extensive layoffs in the edtech sector.

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Chegg's stock is down 99% as free AI tools like ChatGPT have made ...

Online homework helper Chegg said Monday that it will slash 45% of its workforce and bring back its previous CEO as it grapples with the “new realities of AI,” including reduced web traffic and ...

Chegg Inc., a Santa Clara-based online learning platform, said Monday it will cut about 45% of its workforce – roughly 388 employees – as it confronts what it calls "the new realities of AI and ...

Investors reacted positively to the drastic cost-cutting measures. After closing the regular session at $1.44 apiece, Chegg’s stock jumped $0.060, or 4.17%, in after-hours trading. The sweeping ...

Chegg Inc. announced one of the most dramatic workforce reductions in recent corporate history Monday, eliminating 45 percent of its employees as artificial intelligence fundamentally reshapes how ...

If you were a lazy college student during Covid, imagine a time traveler from five years in the future telling you that something kind of like Chegg is coming soon—but this thing lets you be even ...