Deel: Revolutionizing Global Hiring and Regulatory Perspectives

HR startup Deel, valued at $12 billion, is facing scrutiny from regulators over concerns of misclassifying its own full-time workforce as freelancers. Deel, which helps companies handle legal and HR operations in over 100 countries, has experienced rapid growth, with revenue skyrocketing from $1.4 million in 2020 to $169 million in 2021. However, the company's fast expansion has raised questions about compliance and regulatory issues. Deel CEO Alex Bouaziz is now working to mend relationships with regulators and lawmakers, aiming to avoid the fate of other companies like Uber and Airbnb that faced significant setbacks after running afoul of regulators.