LinkedIn: 10 Million Freelancers Join Services Marketplace Amid Tech Layoffs

LinkedIn: 10 Million Freelancers Join Services Marketplace Amid Tech Layoffs
LinkedIn has announced that 10 million users have signed up on its Services Marketplace, reflecting a 48% increase over the past year. This surge comes as over 100,000 tech workers were laid off in 2024, leading many to explore freelance opportunities. Service requests on the platform are also up by 65% year-over-year. Despite these gains, LinkedIn has not disclosed sales figures or pricing trends. The company aims to boost engagement and premium subscriptions, which have risen by 51%, contributing to $1.7 billion in revenue this fiscal year.