workforce Archives - Our Story Insight

Bay Area-based tech company announces shocking layoff of nearly a quarter of its workforce

admin April 9, 2026 0 Comments

More pain for the Bay Area tech sector as another company announces layoffs — this time a staggering 23% of the workforce. The San Mateo action-based camera maker GoPro will let nearly a quarter of its workforce around the world go by the second quarter of 2026, according to a filing with the Securities and […]

Chegg slashes 45% of workforce, blames ‘new realities of AI’

admin October 28, 2025 0 Comments

Dan Rosensweig, CEO, Chegg Scott Mlyn | CNBC Chegg said on Monday it would lay off about 45% of its workforce, or 388 employees, as the “new realities” of artificial intelligence and diminished traffic from internet search have led to plummeting revenue. The online education company, founded 20 years ago, has been hit by the […]