Chegg’s CEO once said he’s the ‘poster child’ for AI shock. Now, the company is slashing 45% of staff

Fortune•Tuesday, October 28, 2025 at 2:50:00 PM

Chegg, a leader in the edtech space, is making significant cuts by laying off 45% of its workforce, totaling 388 jobs. This move comes as the company grapples with the impact of generative AI and declining traffic from Google, which are fundamentally changing how students learn and prepare for tests. The return of Dan Rosensweig as CEO highlights the urgency of Chegg's efforts to adapt and turn the company around in this challenging environment.

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