Upwork Stock Price, News & Analysis

Upwork, the leading work marketplace, announced that President and CEO Hayden Brown and CFO Jeff McCombs will participate in a fireside chat at the 24th Annual Needham Growth Conference on January 13, 2022, at 11:00 a.m. PT/2:00 p.m. ET. This event offers insights into Upwork's business and financial performance. A live webcast will be available on Upwork's Investor Relations site, with an archive accessible for 90 days post-event. Upwork connects businesses with freelance talent and serves a diverse range of clients, including Fortune 100 companies.

Upwork (NASDAQ: UPWK) closed 2021 by appointing several leaders in its product & experience (PEX) and engineering teams, driving R&D momentum for accelerated growth in 2022. Key hires include David Comer as VP of product and Emily McCord as VP of product for domains. The company expects to expand its teams further and has launched initiatives like Project Catalog and Talent Scout, enhancing its service offerings. Upwork was recognized by the Stevie Awards and G2 Crowd for its innovative solutions in 2021.

Upwork (NASDAQ: UPWK) has partnered with celebrity chef Kristen Kish to launch It’s All in the Sauce: Bringing Your Uniqueness to the Table, a culinary journal aimed at children. This project, part of Upwork CoLab, features creative cooking experiments that promote self-expression and support LGBTQ+ youth mental health. Proceeds will benefit the nonprofit WhatsintheMirror?, dedicated to mental health advocacy. The initiative showcases the potential of independent talent collaborations via Upwork's platform. The book is available for purchase now.

Upwork's new report, "Freelance Forward: 2021," reveals that 59 million Americans engaged in freelance work, comprising 36% of the U.S. workforce. The contribution to the economy reached $1.3 trillion, an increase of $100 million from 2020. The study highlights a growth in educated freelancers, with 51% of post-graduate workers opting for freelancing. Key motivators include flexibility and increased income potential, with 44% of freelancers earning more than in traditional roles. The report emphasizes the stability and promising future of freelancing amidst ongoing workforce shifts.

Upwork (NASDAQ: UPWK) launched 'The Perfect Fit' campaign, targeting businesses facing talent shortages due to the Great Resignation. The campaign highlights how companies can leverage Upwork's network of skilled freelancers to fill critical skill gaps efficiently. With 10 million Americans considering freelancing, Upwork aims to assist businesses in adapting to a shifting workforce landscape. The campaign includes TV ads, digital videos, and OOH placements, emphasizing easy access to top talent through Upwork's platform.

Upwork (NASDAQ: UPWK) has appointed Anthony Buffum as vice president of HR client strategy, a newly-created role aimed at enhancing enterprise client growth. Buffum, who has over 20 years of HR experience at companies like GE and FLIR Systems, will address HR challenges for businesses. His focus will be on improving talent transformation strategies and increasing the adoption of Upwork's flexible solutions. Buffum aims to help enterprises leverage highly-skilled independent talent, especially as remote work continues to evolve.

Upwork Inc. (Nasdaq: UPWK) will have President and CEO Hayden Brown, and CFO Jeff McCombs, join a fireside chat at the 2021 RBC Capital Markets Global Technology, Internet, Media, and Telecom Virtual Conference on November 17, 2021, at 11:40 a.m. PT/2:40 p.m. ET. The event aims to discuss significant developments affecting the company’s business and financial performance. A webcast will be available on Upwork’s Investor Relations website, with an archive accessible for 90 days after the event.

Upwork Inc. (Nasdaq: UPWK), the leading work marketplace, reported its third-quarter 2021 financial results. The company highlighted substantial engagement with independent talent, connecting businesses to over 10,000 skills. Notably, Upwork's talent community earned more than $2.3 billion in 2020, showcasing significant market penetration. A conference call discussing these results was scheduled for today at 2 p.m. PT. For detailed insights, the Shareholder Letter is available on their Investor Relations website.