Upwork Launches Lifted: New Staffing Solutions?

Upwork just launched Lifted, a new subsidiary targeting large enterprises to manage temporary workers, causing a small stock jump. This move, following acquisitions like Bubty and Ascen, aims to broaden Upwork's appeal in the lucrative enterprise staffing market. Despite the positive news, Upwork's stock remains volatile and hasn't fully recovered in 2024, highlighting ongoing challenges despite broader tech growth. Will Lifted be the game-changer Upwork needs? Hosted on Acast. See acast.com/privacy for more information.