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LinkedIn says 10M people have signed up as freelancers on its Services Marketplace
More than 100,000 people have been laid off in the technology industry alone this year, and — either by circumstance or choice — at least some of them are
And the level of interest on the buyer side is not so clear: Not only is LinkedIn not sharing how many services are being sold, but it’s not providing any details on how much sellers are charging or any other trends. Two large, publicly traded peers, Fiverr and Upwork, do not officially disclose how many sellers they have on their platforms, focusing instead on buyer numbers, which are respectively around 4 million and 868,000. Fast forward to 2024, however, and freelancer marketplaces are recalibrating their business models after seeing declines in demand, increasing their “take rates” to keep revenues up as more people opt for steady employment or simply have moved away from these platforms — a trend that might well change, too, if more AI services take hold in the coming years.
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