Growth PotentialChegg is refocusing its growth efforts on the language learning and skilling businesses, which are areas with potential for expansion.
Leadership ChangeChegg's announcement that former CEO & current Exec. Chairman, Dan Rosensweig, will be returning to the role of President & CEO indicates a strategic effort to lead the company's turnaround.
Operational EfficiencyThe company is restructuring its business to run its academic products at a lower cost structure, which could enhance operational efficiency.