Gig Economy

Gig Economy
Deliveroo To Lay Off 15 Pct Of Staff Amid COVID-19
April 29, 2020

Deliveroo announced it was laying off 367 employees and furloughing 50 — roughly 15 percent of its staff of over 2,500 — as it battles falling demand and revenue during the coronavirus pandemic, according to several reports on Tuesday (April 28). The layoffs are taking...

Gig Economy
The Gig Economy’s Pivot And Finding The Winners And Losers
April 23, 2020

In some ways, the rapid onset of the coronavirus pandemic in the U.S. and around the world has meant massive changes for the gig economy — both for the platforms that power it and the workers that staff it. But the effects of those changes...

Gig Economy
The Gig Economy Gets Its Props
April 17, 2020

Before Uber and Lyft built handy smartphone apps for their own gig workforce, freelancers acquired most jobs via word-of-mouth referrals, had harrowing second lives as bill collectors often waiting months to be paid, and taking the occasional spec job on good faith only to be...

Gig Economy
Deep Dive: How COVID-19 Is Shining A Light On The Gig Economy’s Importance
April 16, 2020

Full-time and gig workers alike have felt the COVID-19 pandemic’s impacts, even if just in the strain of moving their workspaces from office buildings to their homes. Others have seen more striking developments, with some employees facing furloughs as companies adjust their budgets and delivery drivers...

Gig Economy
Why The Freelancer Economy Is Preparing For Long-Term COVID-19 Impacts
April 15, 2020

Companies invest about 11 hours of time finding talent for every 40 hours of work they receive. This gap is rapidly becoming all the more intolerable as businesses struggle to recruit under the ongoing pandemic. In the latest Gig Economy Tracker, Marlon Litz-Rosenzweig, co-founder and...

Gig Economy
The Gig Economy Gets Ready To Scale
April 14, 2020

In the historical novel “Ivanhoe” (1819), Sir Walter Scott wrote of “free lances” to describe an army of professional soldiers for hire. The word “gig” as we know it entered the lexicon in the 20th century, thanks to musicians who moved from one performance (gig)...

Gig Economy
COVID-19’s Impact On The Gig Economy
April 14, 2020

Freelancers worldwide found themselves impacted by the new coronavirus as it shuttered businesses and stalled payments, with many gig workers now fulfilling critical roles to keep society moving as consumers retreat inside of their homes. Food delivery and Uber drivers, for example, are among those...

Gig Economy
Gig Workers Unemployment Benefits A Question Mark
April 02, 2020

Gig economy workers, despite being included in the federal stimulus for economic recovery from the coronavirus, now face uncertainty over how they’ll get any of the money from government agencies, according to a Reuters report. Gig workers, including those who work for companies like Uber,...

Gig Economy
Gojek Execs To Create $6M Fund For Gig Workers
March 24, 2020

Executives at delivery FinTech Gojek have pledged to give 25 percent of their salaries over the next year to merchants, drivers and partners as their income has been reduced from the coronavirus pandemic, according to a report by Bloomberg. The company is also shifting planned...