Story thread · 2 reports / 2 sources

Upwork cuts full-year forecast as AI pressures its marketplace

thenextweb.com · 3hShare

Upwork shares fell sharply after the freelance marketplace cut its full-year guidance, overshadowing a second-quarter earnings beat and reviving concerns that AI is eroding the work it brokers. The stock dropped as much as 21% in after-hours trading on Monday and closed on Tuesday down about 15% at $8.39. The company reported second-quarter revenue of $191.7m, down […] This story continues at The Next Web

First report: Upwork Q2 2026 slides: AI growth shines amid marketplace headwinds — investing.com, 1d