AI Replacing Freelance Workers on Upwork/Fiverr

Nearly half of US companies using ChatGPT replaced workers. Fiverr Q2 2026 revenue down 10% YoY, active buyers down 22%, spend per buyer up 16%. Fiverr pivoting to $1000+ projects. Goldman Sachs downgraded to Hold. U.S. layoffs hit two-year low but AI-led job cuts continue for fifth straight month.