Chegg plans to cut 388 roles, or about 45% of its workforce, citing the “new realities of AI”, and says Executive Chairman Dan Rosensweig is returning as CEO Vallari Srivastava / Reuters : Reuters 2025-10-28 Vallari Srivastava Chegg, Dan Rosensweig, Vallari Srivastava / Reuters Related Coverage Chegg's CEO once said he's the ‘poster child’ for AI shock. Now, the company is slashing 45% of staff Fortune Homework helper Chegg to slash 45% of workforce, bring back old CEO as ‘new realities of AI’ squash revenue New York Post Chegg slashes 45% of workforce, blames ‘new realities of AI’ CNBC Educational Tech Firm Chegg Slashes 45% of Workforce, Reinstalls Former CEO in Drastic Pivot from AI Threat WinBuzzer Chegg Lays Off Hundreds, Replaces CEO, All Because of AI Gizmodo Chegg to Remain a Standalone Public Company to Maximize Shareholder Value Chegg Amazon Layoffs Trigger Tech Wave: Chegg Forced to Slash 45% Workforce Watcher Guru Chegg Slashes 45% of Jobs Amid AI Pressures and Google Search Declines COINOTAG NEWS Chegg Jumps Over 4% After-Hours As It Lays Off 45% Workforce, Blaming AI Amid New Restructuring Plan Benzinga