---
title: "Upwork cuts jobs, trims revenue outlook amid AI impact"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286278921.md"
description: "Upwork has cut its full-year revenue forecast to $775 million due to AI-driven changes in client behavior and macroeconomic challenges. The company plans to reduce its workforce by nearly 25%, targeting $70 million in savings and aiming for a 35% adjusted EBITDA margin. Additionally, Upwork is introducing new AI-powered tools to attract higher-value work as demand for low-end contracts declines."
datetime: "2026-05-13T14:27:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286278921.md)
  - [en](https://longbridge.com/en/news/286278921.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286278921.md)
---

# Upwork cuts jobs, trims revenue outlook amid AI impact

Revenue guidance cut: Upwork lowered its full-year revenue forecast to $775 million at the midpoint, citing AI-driven changes in client behavior and macroeconomic headwinds. Major cost reductions: The company will cut nearly a quarter of its workforce, aiming for $70 million in savings and a faster path to a 35% adjusted EBITDA margin. AI pivots strategy: New AI-powered tools, including human-supervised agents, are designed to attract higher-value work as low-end contract demand falls.

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