{
Nathan Schultz

People

}
chegg faces steep decline as ai disrupts online education market
Chegg, an online education service, has seen its share price plummet by 99% in less than four years, largely due to a post-pandemic decline in digital learning and competition from AI tools like ChatGPT. On November 12, CEO Nathan Schultz acknowledged the challenges posed by technological shifts and announced plans to cut 20% of the workforce.
The Economist
Chegg, Inc. USA Nathan Schultz
Technology & Innovation, Market Report
19:21 20.11.2024
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