Former Starbucks CEO Howard Schultz has launched an effort to give laid-off restaurant workers in the Seattle area a one-time $500 payment — an attempt to close what he sees as a serious gap in the federal government's assistance plan. (hereandnow)
Most of the Seattle-area's 5,000 restaurants have been forced to close and many of their 100,00 employees have been laid off, according to AP.
While most of the federal assistance money has been disbursed, most small businesses will say they didn’t qualify or that bureaucracy prevented them from receiving assistance, he says. He thinks funding small businesses is an urgent issue that can’t wait two to three months to solve.and pledged to help at least 12,000 people. So far, 55,000 people have visited the website and the fund has processed 7,000 applications, which Schultz says “demonstrates the desperation.
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