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0.15047619047619 0.0476190476190476 0.0285714285714286 0.127619047619048 0.710476190476191 0.408228571428572 0.716190476190476 0.804761904761905
Stock impact report

ShiftPixy Helping Restaurants Build Digital Life Boats with Paycheck Protection Program

ShiftPixy, Inc. (PIXY) 
Last shiftpixy, inc. earnings: 1/21 04:21 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.shiftpixy.com/investor-relations
Company Research Source: GlobeNewswire
IRVINE, Calif., April 15, 2020 (GLOBE NEWSWIRE) -- ShiftPixy (NASDAQ: PIXY), a California-based gig engagement platform provider, today announced the company’s initiative to catalyze digital infrastructure reinforcement and human capital management repurposing for multi-unit restaurant operators during the COVID-19 pandemic by leveraging the new Paycheck Protection Program (PPP) small business loans. As some of the hardest hit businesses by the global pandemic, restaurants across the country have been forced to furlough or lay off most, if not all, of their employees in addition to closing their dining rooms. Further, many restaurants lack the proper delivery infrastructure to adapt to the current environment. The rollout of the PPP, offering two-year, forgivable loans, has created a unique opportunity – a life boat of sorts – for restaurants to invest in repurposing their staff to better serve delivery demand, which ShiftPixy is uniquely positioned to immediately assist in implemen Show less Read more
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