From Microsoft to Match, tech layoffs surge in May 2025: How much is AI to blame?

From Microsoft to Match, tech layoffs surge in May 2025: How much is AI to blame?

Less than six months into 2025, the tech industry is grappling with repeated rounds of job cuts. Over 50,000 techies have been laid off this year so far, according to Layoffs.fyi. A staggering 24,545 tech employees were victims of reductions across 26 companies in April alone, as per the independent layoffs tracker. In comparison, 2024 […]

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Chegg Layoffs 2025: Chegg to lay off 22% of workforce as AI tools shake up edtech industry

Chegg Layoffs 2025: Chegg to lay off 22% of workforce as AI tools shake up edtech industry

Chegg will also shut its U.S. and Canada offices by the end of the year [File] | Photo Credit: REUTERS Chegg said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline its operations as students increasingly turn to AI-powered tools such as ChatGPT over traditional […]

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Chegg to lay off 22% of workforce as AI tools shake up edtech industry

Chegg to lay off 22% of workforce as AI tools shake up edtech industry

Chegg said on Monday it would lay off about 22% of its workforce, or 248 employees, to cut costs and streamline its operations as students increasingly turn to AI-powered tools such as ChatGPT over traditional edtech platforms. The company, an online education firm that offers textbook rentals, homework help and tutoring, has been grappling with […]

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