Furloughs, a loan and disinfectant: How one tech startup is surviving the coronavirus crisis.
“We’re getting a lot of people coming to us saying, ‘You’re one of the few if only local options to buy a car safely,’” Russell said.
A couple hundred workers who were furloughed, at reduced or no pay, did retain their health benefits and the ability to come back to work quickly, the company said. That was more than 30 percent of the hourly staff, a group that includes mechanics, sales and customer service staff and “concierges,” the people who bring vehicles to potential buyers for test drives.
But there was also potential good news on the horizon: the federal Small Business Administration loan program, designed to preserve jobs.
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