Is Upwork The Sick Man Upon the Silicon Bosphorus? [Looking At Numbers]

Written by nebojsaneshatodorovic | Published 2020/05/12
Tech Story Tags: upwork | upwork-jobs | ipo | truth-about-upwork | freelancing | remote-work | digital-nomads | hackernoon-top-story

TLDR Upwork’s Q1 2020 financial results are out. The company recorded a loss of $10.2 million or 9 cents a share, compared with a $5 million a share in the same quarter a year earlier. The number of jobs on Upwork hit a low of 77,500 on April 13. Since then, roughly 10,000 new gigs have been added, bringing the new total of available jobs to 87,400. The site reported 643,000 user accounts, or workers, as of this week.via the TL;DR App

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Written by nebojsaneshatodorovic | Eight-Time "Noonies" Award Winner
Published by HackerNoon on 2020/05/12