Chegg's Downfall

Chegg, once thriving during the online learning boom, now faces a steep decline, attributing its struggles to the rise of ChatGPT. With a staggering 99% drop in shares since 2021 and significant layoffs, the company’s narrative raises questions about its future. As the education sector remains resilient, the blame on AI seems misplaced, highlighting a broader issue of market dynamics overshadowing individual performance.