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📉 Upwork Crashes 22% — Gig Economy Warning Signal?
Upwork stock plunged after reporting active clients fell to 785K (down from 832K YoY) and issuing Q1 revenue guidance below expectations.
⚠️ What it means:
• Demand for freelance work may be cooling
• Companies could be cutting flexible labor first
• Signals broader slowdown risk in the gig economy
📊 Markets watch this closely — freelance demand often drops before wider economic weakness shows up.$BTC $XRP $SYN
{spot}(BTCUSDT)
{spot}(XRPUSDT)
{spot}(SYNUSDT)
Upwork stock plunged after reporting active clients fell to 785K (down from 832K YoY) and issuing Q1 revenue guidance below expectations.
⚠️ What it means:
• Demand for freelance work may be cooling
• Companies could be cutting flexible labor first
• Signals broader slowdown risk in the gig economy
📊 Markets watch this closely — freelance demand often drops before wider economic weakness shows up.$BTC $XRP $SYN
{spot}(BTCUSDT)
{spot}(XRPUSDT)
{spot}(SYNUSDT)
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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