Chegg, Bay Area online education company once worth $12 billion, is laying off hundreds of workers in a second cut this year.
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Meta, Goldman Sachs, Google, and Tesla are ...
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by ...
Chegg (CHGG – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Jeffrey Silber ...
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates significantly. Looking ahead, ...
Santa Clara-based education tech company announced plans to slash its workforce by 21% this week and the CEO put part of the ...
In a report released today, Michael Grondahl from Northland Securities maintained a Hold rating on Chegg (CHGG – Research Report), with a ...
Shares of Chegg dropped to a new record intraday low after the company said it is further restructuring its operations to respond to an educational environment that is increasingly adopting free and ...
Here's all that's fit to print — digitally that is — in local Bay Area business this Thursday morning in mid-November.
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 21.1% in the morning session after the company reported disappointing third-quarter results. Its number of users declined, and ...
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon ...
Yet there were some unforced errors of their own. For instance, Chegg, a software education company, was first bought here in 2020 but held in their small-cap portfolio for even longer.