💻 **Chegg to lay off 22% of workforce as AI tools shake up edtech industry**

“_Chegg (CHGG.N), said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline its operations as students increasingly turn to AI-powered tools such as ChatGPT over traditional edtech platforms._”

🔗 https://www.reuters.com/world/americas/chegg-lay-off-22-workforce-ai-tools-shake-up-edtech-industry-2025-05-12/.

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