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Chegg's CEO once said he's the 'poster child' for AI shock. Now, the company is slashing 45% of staff | Fortune
The edtech pioneer is cutting 388 jobs and bringing back Dan Rosensweig as CEO, underscoring how generative AI and shrinking Google traffic are reshaping student learning.
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cnbc.com
Chegg slashes 45% of workforce, blames 'new realities of AI'
The online education company said the combination of artificial intelligence and diminished traffic from search engines like Google has hurt the business.
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fortune.com
Chegg's CEO once said he's the 'poster child' for AI shock. Now, the company is slashing 45% of staff | Fortune
The edtech pioneer is cutting 388 jobs and bringing back Dan Rosensweig as CEO, underscoring how generative AI and shrinking Google traffic are reshaping student learning.
- ·
Everyone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first | Fortune
As Amazon slashes 14,000 white-collar roles and the U.S. approaches a million job cuts this year, AI’s first major labor casualty might be emerging.