Hayden Brown news and trends

Gig Worker Platform Upwork Sees 2% Upswing in Client Company Spend
Earnings // August 03, 2023

Freelancer marketplace Upwork said it saw its client companies using the platform more, with a 2% increase year over year in gross service volume (GSV) per active client, according to its shareholder letter released with its earnings report Wednesday (Aug. 2). The GSV spend grew...

Macro Pressures Flatten Upwork Volumes as Larger Clients Face Budget Constraints
Earnings // May 03, 2023

Upwork’s first quarter results show macro pressures coming to bear on the gig economy, while management laid out plans to reduce costs — and pointed to the long term potential in generative AI. As noted in the company’s earnings materials, gross services volume (GSV) —...

Quick Reads
Gig Worker Platform Upwork Sees 2% Upswing in Client Company Spend

August 03, 2023
Freelancer marketplace Upwork said it saw its client companies using the platform more, with a 2% increase year over year in gross service volume (GSV) per active client, according to its shareholder letter released with its earnings report Wednesday (Aug. 2). The GSV spend grew to $4,987 as of June 30, per the report. Active […]