Lumiks2024
@lumiks2024Fond of travels, Blockchain enthusiast, Web3 explorer, and crypto content creator. Sharing insights on DeFi, NFTs, and the future of decentralized tech π
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Chegg, Inc. (CHGG) Stock: Q125 Beat, 22% Layoffs, U.S. and Canada Offices to Shut Amid AI Disruption
TLDR CHGG stock rose 6% to $0.73 after Q1 earnings beat. Revenue fell 30% to $121.4 million; subscribers dropped 31%. Chegg to lay off 22% of staff and shut U.S., Canada offices. AI tools like ChatGPT
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