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@lilmikesf@c.im
2025-10-28 18:21:02

After 18 years #edu tech and online #tutor service #Chegg, that started out simply renting #textbooks has now had to lay off nearly half its staff and bo…

Chegg lost 99% of its value—over $14.5B— after Al tools like ChatGPT undercut its $14.95/month model, forcing layoffs of 388 employees (45% of staff) Online Comment to LinkedIn from Atul Tiwary - Principal @ Structural Capital | Venture Debt Investor |...