“In some places, particularly at the lowest end, customers were adopting AI tools to supplement their needs as they ...
Major headcount reduction: Upwork is cutting roughly 25% of its staff, citing AI-driven restructuring and a shift toward leaner, faster teams. Revenue forecast lowered: The company cut its 2026 ...
Upwork is cutting nearly a quarter of its staff as part of a restructuring plan, citing a desire to build a more efficient and profitable operating model and the evolving "nature of work" as ...
Why Upwork’s latest restructuring and earnings report moved the stock Upwork (UPWK) stock reacted after the company announced a 24% workforce reduction alongside first quarter 2026 results that ...
Upwork (NASDAQ:UPWK) said first-quarter 2026 results reflected a sharp shift in demand late in the period, as macroeconomic uncertainty and faster adoption of artificial intelligence weighed on ...
Upwork Inc. (NASDAQ: UPWK), the world’s human and AI-powered work marketplace, today announced Upwork Updates Spring 2026, a lineup of new features and a reimagined platform experience designed to ...
April was not a good month for the tech industry in terms of job losses. Last month, major firms—including Microsoft, Meta Platforms, and Snap—all announced significant workforce reductions. But now, ...
GSV per Active Client Increased 5% Year-over-Year through AI Work Category and SMB Growth InitiativesCompany Raises Full Year 2026 Adjusted ...
On May 7, 2026, Upwork reported first-quarter 2026 results showing revenue up 1% year-over-year to $195.5 million, flat GSV of $987.1 million, and GAAP net income down 17% to $31.5 million, while ...
Upwork reports quarterly earnings of 20 cents per share which beat the analyst consensus estimate of 17 cents by 17.65%. Upwork says active clients grew 5% year-over-year to an all-time high of ...
Upwork announced on its website that the company will offer a two-tier subscription model for clients. Many companies rely on Upwork and other peers, such as Fiverr International Ltd, for hiring ...
Alternative Investment Advisors exited 161,997 shares of Upwork in the fourth quarter. The quarter-end position value fell by $3.01 million, reflecting the complete exit. Upwork represented ...