Chegg (CHGG) plans to reduce its global headcount by 23%

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Needham Reiterates Hold Rating on Chegg (CHGG)

June 18, 2024 5:55 AM EDT

Needham analyst Ryan MacDonald reiterated a Hold rating on Chegg (NYSE: CHGG).

The analyst comments "After the market close, Chegg CEO Nathan Schultz outlined his plan to return the business to growth while still maintaining a lean organization that is capable of producing... More