Why the Gig Economy is a Crucial Lifeline for Restaurant Revenues During COVID-19 Crisis
ShiftPixy, Inc. (PIXY)
Last shiftpixy, inc. earnings: 1/21 04:21 pm
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US:NASDAQ Investor Relations:
ir.shiftpixy.com/investor-relations
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Source: PR Newswire
PALM BEACH, Florida, April 15, 2020 /PRNewswire/ -- The GIG Economy is positioned to grow during the current world health crisis. GIG workers and their delivery services can remove much of the burden of employee management from restaurants and other service industries. Millions of Americans are staying home to minimize the spread of COVID-19. As a result, gig workers have become a crucial lifeline delivering food and other supplies to people living in self isolation. GIG workers who've had less traffic from other platforms are turning to delivery services for work. And people who've recently lost their jobs or had their working hours reduced due to the pandemic are turning to gig work for income. An article on CNBC said that: "Nationwide closures have moved some people to take up gig work for the first time... It's an opportunity to earn extra money while home… The way a company handles their gig workforce during the pandemic could have a major impact on the future of the gig economy
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- ShiftPixy jumps 25% on TurboScale acquisition for $150M [Seeking Alpha]Seeking Alpha
- ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScale [Yahoo! Finance]Yahoo! Finance
- ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScaleBusiness Wire
- ShiftPixy's Big AI Move: Supercharges Workforce Management With $150M TurboScale Deal [Yahoo! Finance]Yahoo! Finance
- ShiftPixy acquires TurboScale in $150M deal [Seeking Alpha]Seeking Alpha
PIXY
Sec Filings
- 10/28/24 - Form 8-K
- 10/22/24 - Form 8-K
- 10/18/24 - Form 8-K
- PIXY's page on the SEC website