Upwork Stock's Outlook: Numbers Solid Despite Gen-AI Challenges
Upwork(UPWK) MarketBeat·2024-06-30 11:00
Upwork Today Get Fiverr International alerts: Upwork +0.16 (+1.51%) ▼ P/E Ratio 30.72 Add to Watchlist The primary form of revenue generation is by deducting a percentage of the talent's pay. The company usually deducts 10% from the contractor's payment. Two other important points of note: In May 2023, Upwork fired 15% of its employees, mostly in its sales department, and its main competitor is Fiverr NYSE: FVRR. UPWK However, the firm's "take rate" is the most encouraging metric. The firm provides this cus ...