Chegg

Chegg 23% layoffs. ChatGPT destroyed business model. Stock crashed 98%.

Initially fought Florida "Don't Say Gay" bill. But rolled back public activism and caved to political pressure. Failed LGBTQ+ community.

Chegg AI homework disruption. ChatGPT competition. EdTech AI transformation.

Laid off 7,000+ employees across 2023. Disney+ and streaming losses. Bob Iger cutting costs.