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What’s a workforce marketplace? How work will get done in the future

July 13, 2017

Via: CIO

WordPress parent company Automattic has eliminated traditional organizational structures for its 450 employees across 45 different countries, demonstrating the future of work. Business is done based on project teams ranging from two to 12 workers, without traditional managers, and they’re encouraged to experiment with new ways of collaborating to complete jobs. So far, it’s working. More than 25 percent of websites use the Automattic platform and the company is valued at more than $1 billion.

Driven by an increase in on-demand labor platforms, crowdsourcing, online work management solutions and the growing millennial population, companies like Automattic are dramatically reinventing their workforces, dissolving traditional hierarchies and legacy models by replacing them with open talent marketplaces.

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