Filing excerpt
On May 7, 2026, the Company announced a restructuring plan, or the Restructuring Plan, intended to build a more efficient operating model and position the Company for profitable growth as the nature of work evolves.
Filing excerpt
On May 7, 2026, the Company announced a restructuring plan, or the Restructuring Plan, intended to build a more efficient operating model and position the Company for profitable growth as the nature of work evolves.
What this signalsFilings often name leadership changes, deals and spending plans.
sec-8kdivestitureGet every 8-K signal for Upwork and the companies you sell to, in the tools you already use.
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This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/dc377da1-6909-4a03-9f90-47949570562b returns this record as JSON. POST /v1/companies/enrich returns every signal for upwork.com.
{
"signal_id": "dc377da1-6909-4a03-9f90-47949570562b",
"signal_type": "sec-8k",
"signal_subtype": "divestiture",
"detected_at": "2026-05-12T09:24:50.431+00:00",
"company": {
"name": "Upwork",
"domain": "upwork.com"
},
"data": {
"detail": "The company is executing a restructuring plan to build a more efficient operating model, creating urgent needs for automation, new software, and process optimization to support the remaining employees and achieve targeted efficiency gains.",
"metrics": {
"pct": 0.24,
"timeframe": "next_quarter",
"pct_context": "Reduction of total workforce",
"dollar_context": "Maximum estimated pre-tax restructuring charges",
"dollar_millions": 23
},
"summary": "Upwork to cut 24% of workforce in major restructuring, incurring $16-23M in charges.",
"excerpts": "On May 7, 2026, the Company announced a restructuring plan, or the Restructuring Plan, intended to build a more efficient operating model and position the Company for profitable growth as the nature of work evolves.",
"relevance": 0.9,
"sentiment": "negative",
"confidence": "medium",
"source_url": "https://www.sec.gov/Archives/edgar/data/1627475/000162747526000033/upwork-20260507.htm",
"filing_date": "2026-05-07",
"filing_year": 2026,
"fiscal_year_end": "05/07",
"sales_relevance": "Carve-out support needed",
"signal_category": "strategic"
}
}
curl https://signals.autobound.ai/v1/signals/dc377da1-6909-4a03-9f90-47949570562b \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"upwork.com","limit":20}'Long text fields are shortened on this page.
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