The HRTech Wire

Upwork Expands Restructuring Plan, Pushing Total Workforce Reduction to 37%

Freelance marketplace Upwork (NASDAQ: UPWK) said on Thursday it is expanding its restructuring plan, bringing total workforce reduction to approximately 37%. The new cuts include the 24% reduction the company announced when it first unveiled the restructuring.

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Upwork

Upwork connects businesses with human and AI-enabled independent talent, agencies, fractional professionals, and contingent-workforce services.

When

When helps employers guide departing employees to health coverage, lowering COBRA and high-cost claims during workforce transitions.