The Decline of Traditional Freelancing: A Data-Backed Examination of Structural Issues

Introduction Freelancing has long been hailed as a revolutionary work model, offering freedom and flexibility that traditional employment cannot match. However, recent financial data suggests that major freelancing platforms like Fiverr and Upwork are struggling. The net worth of Fiverr soared to $11.65 billion in 2021 before plummeting to $1.01 billion in 2024. Similarly, […]