Aug. 16, 2022, 4:26 PM
As more companies announce hiring freezes and layoffs, three quarters are more likely to turn to freelancers and other contingent workers as a stopgap.
About 78% of business leaders said they are more likely to hire freelancers rather than full-time employees while economic conditions remain uncertain, according to a survey by freelance marketplace Fiverr International Ltd. With economic uncertainty growing, 85% of US companies plan to implement a hiring freeze during the current downturn, and 78% plan to lay workers off, Fiverr found.
Contingent workers are already part of many businesses’ baseline budgets. Over 80% of respondents in Fiverr’s …
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