Upwork Inc. reports developments for a human and AI-powered work marketplace that connects businesses with global independent talent across freelance, agency, fractional and payrolled work. Recurring company updates cover the Upwork Marketplace, Lifted enterprise contingent-work management, Uma™ AI work agent features, SMB offerings such as Business Plus, and integrations that move customers from project scoping to hiring and contracting.
Upwork news also covers financial results, gross services volume, active-client trends, adjusted EBITDA outlook, enterprise pipeline activity, platform trust and integrity partnerships, and capital actions such as common-stock repurchase authorizations.
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Upwork (NASDAQ: UPWK) has released its 2022 Impact Report, outlining a year dedicated to enhancing economic opportunities and addressing community needs. The report highlights initiatives aimed at supporting marginalized groups, particularly professionals impacted by the war in Ukraine, where Upwork has facilitated over $200 million in earnings for nearly 80,000 Ukrainian freelancers since February 2022. Upwork launched several features to foster talent engagement, including the Contract Workroom and contract-to-hire capability. Additionally, the company supported various nonprofits through The Upwork Foundation with nearly $1.7 million in grants. With a focus on environmental sustainability, Upwork achieved nearly zero carbon emissions from operations.