Chegg Inc., a Santa Clara-based online learning platform, said Monday it will cut about 45% of its workforce – roughly 388 employees – as it confronts what it calls "the new realities of AI and reduced traffic from Google to content publishers." In its official statement, the company said the restructuring plan reflects "a significant decline in Chegg’s traffic and revenue," which it has attributed to shifts in generative AI and changing search patterns.Chegg said the layoffs will reduce reduce 2026 non-GAA ...