“ShiftPixy Labs is the next stage in our evolution. “2020 has been a year of tremendous growth and transformation for ShiftPixy and I’m proud of the work we’ve accomplished in helping restaurants adapt to the challenges posed by COVID-19,” said ShiftPixy Co-Founder and CEO Scott Absher. The Company expects ShiftPixy Labs to provide additional layers of services and engagement, from business startup clear through to customer meal delivery. Through its unique gig engagement platform, ShiftPixy empowers restaurant operators to take full advantage of their human capital with powerful functionality to handle payroll, compliance and native delivery. The arrival of the COVID-19 pandemic exacerbated these existing dilemmas and gave ShiftPixy’s approach to the gig economy a boost by providing operators the agility they need to meet the demands of a changing marketplace. Areas of this market are still in a growth phase, with approximately $27 billion in new funding applied to third-party delivery startups alone.Īt the start of 2020, the restaurant industry was already experiencing challenges caused by third-party delivery services and lost customer engagement, as well as employee retention and compliance. Since then, it has exploded in size and popularity: more than a third of the workforce in the United States is part of the gig economy and the global gig marketplace is estimated at $4.5 trillion. (NASDAQ: PIXY), a California-based gig engagement platform provider, today announced the launch of ShiftPixy Labs – a new suite of marketing and support services for quick service restaurant operators (QSRs) seeing increased opportunities in the gig economy due to coronavirus restrictions and lockdowns.Ĭoming on the heels of the financial collapse of 2008, the gig economy began to emerge in 2009 with platforms like Uber. IRVINE, Calif., J(GLOBE NEWSWIRE) - ShiftPixy, Inc.
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