CheggNYSE: CHGG

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), a leading student-first online learning platform, announced the appointment of Chris Mason as Chief Business Officer today. In his expanded role, Mason will drive Chegg's growth strategy, business operations, strategic partnerships, and international expansion, further helping to position Chegg as a global leader in online education. “I am thrilled to announce Chris's promotion to Chief Business Officer,” said Nathan Schultz, CEO a.

This business was devastated by the launch of ChatGPT, and it may never recover.

Bloomberg's Carmen Reinicke covers the stocks making big moves today. She speaks with Alix Steel and Paul Sweeney on Bloomberg Radio.

Chegg (CHGG) announces its plans to restructure and execute new strategies to increase its growth prospects and operational excellence.

The digital-education platform Chegg Inc. on Monday said it would slash nearly a quarter of its staff, a move it said would free up space for longer-term investments as it tries to offer more than just academic guidance to students and use more artificial intelligence.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, a leading student-first online learning platform, announced a restructuring plan today and published a Shareholder Letter describing its comprehensive strategy to refocus the company on its core audience – students – and provide 360 degrees of individualized support to learners in high school, college, and around the world. Chegg's strategy focuses on providing holistic and differentiated product offerings for students, blending academic and function.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that on June 12, 2024, its Compensation Committee granted equity awards pursuant to the Chegg 2023 Equity Inducement Plan. Two newly hired employees received, in the aggregate, awards of restricted stock units (“RSUs”) representing 32,797 shares of Chegg common stock, in reliance on the employment inducement award exception to New York Stock Exchange Listing Rule.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, published its third annual Environmental, Social, and Governance (ESG) report for the 2023 reporting year. The report covers key milestones, policies, programs, and disclosures across the company's six ESG pillars: Focus on People, Act Responsibly, Help Learners, Operate Sustainably, Give Back, and Govern Effectively. The report also aligns disclosures to various reporting frame.

The advent and increasing availability of large language models has disrupted the viability of this business.