Upwork cuts 24% of workers while AI-related work grows 40%
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Upwork has cut 24% of its workforce, a move that coincides with a significant increase in ai-related work on the platform, which has grown 40%. The job cuts and growth in ai-related work were announced amid the company's first quarter 2026 financial results. The layoffs have reportedly led to a decline in upwork's stock price.
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